Slump in Insurance Jobs Continues

It appears that the insurance industry is playing catch up with the rest of the marketplace in response to a sluggish economy. According to a report issued by the U.S. Bureau of Labor Statistics, overall insurance employment dropped by 7,600 in February. The report included new data previously unpublished, citing a January decline in insurance jobs of 5,200, rather than original stats that reported 4,400 jobs lost. These numbers do not coincide with the national unemployment rate, which remained steady at 9.7%, and the number of unemployed stayed the same at 14.9 million.

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