March 21, 2018

WorkCompRecap: It’s The Economy!

Today’s issue of WorkCompRecap features the release of a new edition of NCCI’s Quarterly Economics Briefing, which examines the current state of the economy and the implications for workers’ comp insurance. Key findings from this edition include that employment growth has slowed slightly from 1.9% to 1.7% from 2016-2017, and is projected to decline to 1.6% in 2018.

In this edition NCCI is also reviewing changes in wages and employment in the country by state and by major economic sector over the past two years. This includes examining employment shares for major economic sectors by state and identifying key economic sectors that contribute significantly higher shares of employment in each state compared to the national average. The report also discusses the projected employment and wage growth by state and sector for 2017 in comparison with 2016.

Find out more (including a link to the free briefs!) by clicking here!

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