Insurance Jobs Flat in October
Insurance industry jobs remained flat in October compared with September employment levels, according to preliminary figures from the U.S. Labor Department’s Bureau of Labor Statistics (BLS) as reported by A.M. Best. This marks the first time the industry showed stagnant hiring since August 2018. The October report follows a series of jobs reports earlier this year that showed surging employment levels.
Three of eight insurance industry sectors showed increases in September over August, with insurance agencies and brokerages up 0.18 percent, with 848,500 jobs.