Insurance Industry Adds 10,100 Jobs in November

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Leading Insurance Career Site, InsuranceJobs.com, Shares Employment Trends from the Insurance Industry

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The insurance industry saw an increase in employment with the addition of 10,100 jobs for the month of November, according to the latest employment numbers from the U.S Bureau of Labor Statistics released earlier this month.

The insurance industry grew by 0.41% last month and now sits roughly at 2.46 million employed insurance workers. Over the past year, the total number of employed insurance workers has increased by 64,500 jobs. The BLS also revised its earlier figure of 1,000 new insurance jobs for the month of October to 3,600 jobs.

The finance and insurance industry as a whole saw an increase in employment with the addition of 20,000 jobs for the month of November, half of which occurred in the insurance sector.

Across all industries, total nonfarm payroll employment increased by 321,000 jobs in November with widespread gains led by growth in professional and business services, retail trade, health care, and manufacturing.

Unemployment held steady at 5.8 percent and the number of unemployed persons was little changed at 9.1 million. Since November 2013, the unemployment rate and the number of unemployed persons were down by 1.2 percentage points and 1.7 million, respectively.

Employment numbers were revised for both September and October, from 256,000 to 271,000 jobs and 214,000 to 243,000 jobs respectively. With these revisions, employment gains for both months combined were 44,000 more than previously reported.

About InsuranceJobs.com:
Established in 2006, InsuranceJobs.com is the leading insurance jobs website for insurance careers. Currently the site has over 250,000 registered job seekers and 6,500 registered employers. Users can create a profile, upload their resume, apply to positions and engage in our social communities. Employers can post insurance job opportunities and browse a resume bank for applicants. Thousands of new insurance jobs are listed each month by geographic location and specialty, including: actuarial, adjuster jobs, agents, claims jobs, clerical, customer service, health, life, risk management, sales, investigators, insurance underwriters, workers compensation and more.

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Bob Thomas
RSG, Inc.
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