The Jacobson Journal Blog

Insurance Talent Blog

Recruiter Report: Finding the “Perfect” Candidate

After years of shifts in the insurance labor market, we’re experiencing a more stable—yet still challenging—talent landscape in 2025. The industry’s unemployment rate sits at just 2.5%, notably lower than the national rate of 4.1%. Not surprisingly, in our conversations with hiring managers, we continue to hear the same thing: finding top performers remains difficult, ... Recruiter Report: Finding the “Perfect” Candidate

March 2025: Labor Market PULSE

Rounding out the first quarter of 2025, the latest numbers show continued stability in the insurance labor market. Consistent with past years, unemployment dropped back down to 2.5 (less than half a point from 2024’s overall average). At the same time, total employment was up both month-over-month and year-over-year in January. According to our Q1 ... March 2025: Labor Market PULSE

The Facts About Gen Z

We’re halfway through the 10th annual Insurance Careers Month – an industry-wide initiative focused on encouraging the next generation of talent to choose a career in insurance. Along with building a bench of talent as seasoned professionals reach retirement, there are a number of benefits to welcoming young professionals and new graduates with open arms. ... The Facts About Gen Z

February 2025: Labor Market PULSE

We’re continuing to experience a stable insurance labor market. While the industry’s unemployment rate remains higher than 2024’s average, it is too early to tell if this will become a notable trend or if unemployment will soon drop back down. The BLS also performed its annual five-year revision in January, which adjusted employment numbers slightly ... February 2025: Labor Market PULSE

Celebrating a Decade of the Insurance Careers Movement: Join Us

As we kick off the 10th Annual Insurance Careers Month, The Jacobson Group is reflecting on the remarkable journey of the Insurance Careers Movement (ICM) – which has grown from a shared vision among its founding organizations to a global grassroots initiative. Since its inception, ICM has united insurance organizations worldwide, providing a platform for ... Celebrating a Decade of the Insurance Careers Movement: Join Us

January 2025: Labor Market PULSE

The industry remains stable moving into the new year, adding 52,700 jobs throughout 2024 and continuing its steady post-pandemic growth. Despite slight spikes in December and August, the annual average unemployment rate for insurance carriers and related activities in 2024 was 2.1%, similar to 2023’s average of 2%. While insurance unemployment reached 3.2% in December ... January 2025: Labor Market PULSE

December 2024: Labor Market PULSE

We’re closing out 2024 with a stable labor market. The insurance industry unemployment rate continues to be low and revised numbers from the Bureau of Labor Statistics show 13 consecutive months of employment growth. Additionally, all insurance industry categories we report on saw both weekly wage and employment growth in October*. Meanwhile, the greater U.S. ... December 2024: Labor Market PULSE

Are Your Employees at Risk of “Quiet Quitting”?

There’s no doubt employee engagement has been a hot topic throughout the past several years – and for good reason. The cost of quiet quitting is nearly the same as the cost of turnover, according to research from McKinsey. However, as a manager, it can be difficult to catch those at risk of becoming disengaged ... Are Your Employees at Risk of “Quiet Quitting”?

Recruiter Report: Choosing the Right Recruiting Firm

As you make your talent plans for the coming year, it’s likely you’re considering adding new positions or hiring to fill vacant roles. Depending on your organization’s needs, time constraints, budget and the urgency to fill, you may be considering whether a recruiting firm is right for you. Our team works with numerous hiring managers ... Recruiter Report: Choosing the Right Recruiting Firm

Rethinking Annual Performance Assessments

As we near the end of 2024, annual performance assessments are on the minds of many companies. Traditionally, this is a time to reflect on the year and evaluate whether individuals achieved the goals they set back in January. However, if it’s November and you’re just now thinking about performance management, you’ve fallen behind. Companies ... Rethinking Annual Performance Assessments

November 2024: Labor Market PULSE

In October, we saw the unemployment rate for insurance carriers and related activities continue its decline from 3.1% in August, lowering to 1.5%. Meanwhile, the overall U.S. unemployment rate was unchanged at 4.1%. While the labor market may be slightly cooling, it remains stable. The Bureau of Labor Statistics reported a decrease of 1,400 industry ... November 2024: Labor Market PULSE

Revamping Your Approach to Employee Engagement in the New Year

 As your team looks toward 2025, it is the ideal time to reassess your approach to employee engagement in the context of today’s environment. In our most recent issue of Compass, Judy Busby, senior vice president and managing director, shares how to “get back to basics” in the new year and focus on creating a ... Revamping Your Approach to Employee Engagement in the New Year

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