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 included that employment growth is still expected to come in at 1.8% in 2019, close to the average for the last 3 years, and still forecasted to drop under 1% in 2020.
In this edition’s “Drilling Down” section, NCCI examined work arrangements that go beyond traditional wage and salary employment and the “gig economy.” Key findings included little change in the number of Americans in alternative work arrangements as their primary source of income, but increasing numbers of people engaging in alternative work arrangements to generate supplemental income, as well as rapid growth in the still small field of “electronically mediated” work like Uber or TaskRabbit.
Find out more (including links to the free briefs!) by clicking here!