The BLS data reflects a relatively stable insurance workforce as we move through August. The unemployment rate for insurance carriers and related activities rose slightly in July, yet remains low at 1.9%, while employment continues to increase. Within the larger finance and insurance sector, voluntary quits in June* were at their highest level since December ... August 2024: Labor Market PULSE
Whether actively managed or not, every company has an employer brand that shapes how it’s perceived as a place to work. This influences everything from its ability to attract and retain talent to its overall reputation in the marketplace. In our most recent issue of Compass, Jeff Blair, senior vice president of executive search and ... Is Your Employer Brand Working for You or Against You?
With summer comes warmer weather, sunnier days and often more packed schedules. Vacation plans, family activities, childcare needs and the allure of summertime leisure often compete with work priorities and deadlines, leading to increased stress and pressure (sometimes further fueled by decreased motivation). Below, a few of our colleagues at The Jacobson Group share how ... Experiencing Summer Burnout? Here are 4 Tips for Staying Motivated at Work
Unemployment for insurance carriers and related activities continues to trend downward, while the overall U.S. unemployment rate rises. In June, the U.S. unemployment rate hit a two-and-a-half year high of 4.1%, while the insurance industry experienced its lowest unemployment rate this year at just 1.4%. Insurance employment is also on the rise, with the industry ... July 2024: Labor Market PULSE
Navigating a job interview goes beyond showcasing your qualifications to the employer—it’s a pivotal opportunity to evaluate if the role and organization are the right fit for you. Thoughtful questions can deepen your understanding of the job and company culture, while helping you stand out as a well-prepared and engaged candidate. While you likely have ... Navigating Job Interviews: 7 Questions to Assess Fit and Stand Out
While the hiring landscape may be less active than it was a few years ago, we’re still in the midst of a competitive labor market. However, in our conversations with hiring managers, we’re noticing there’s a frequent misconception about the availability of talent, leading to a lack of urgency throughout the employment process. This can ... Recruiter Report: Competing for Top Talent in Today’s Environment
Along with achieving business and monetary goals, today’s most successful leaders must also be able to ensure a positive employee experience, effectively lead through change, monitor and alleviate employee burnout, and much more. In our recent issue of Compass, we offer insights into leading in a way that inspires productivity and cultivates an environment of ... 10 Ways To Be a Great Leader in Today’s Environment
At The Jacobson Group, we take pride in the remarkable contributions of our team members. Each month, we highlight a few of our corporate employees from across the company as they share a bit about themselves and their roles. Janet Foor Assistant Vice President and Client Relationship Manager, 25 years at Jacobson Hometown: Originally from ... Jacobson Employee Spotlight – Q2 2024
In May, the overall U.S. economy hit its highest unemployment rate since January 2022. Conversely, unemployment for the insurance carriers and related activities sector dropped 0.6 percentage points, to 1.8%. U.S. job openings hit a three-year low in April*, while job openings within finance and insurance slightly increased. The industry is also experiencing a voluntary ... June 2024: Labor Market PULSE
As managers, acknowledging the need for a healthy work-life balance is essential – especially as we enter the summer months. Many professionals are balancing vacations, family events, kids at home, and much more along with their standard work responsibilities. While it’s essential to be sensitive to potential employee burnout year-round, the summer tends to create ... Managing Employee Burnout: Tips for Summer and Beyond
In today’s world, there’s no one-size-fits-all approach when it comes to where and how work gets done. Remote and hybrid work continue to be prevalent within the industry, and some professionals haven’t stepped into their corporate office space in more than four years. Our Q1 2024 Insurance Labor Market Study found just 6% of insurers have implemented ... Remote, Hybrid or In-Person: What’s Best for Your Organization?
The unemployment rate for insurance carriers and related activities rose by .7 percentage points in April, yet hovers around 2%, consistent with the past several months. Industry employment also increased – adding more than 8,000 jobs after hitting the 3 million mark in March. The latest JOLTS report revised February job openings within the larger ... May 2024: Labor Market Pulse