Property and casualty carrier employment fell in January, virtually erasing the gains made in December 2012, according to an analysis of the latest figures from the U.S. Labor Department's Bureau of Labor Statistics.
Employment for P&C carriers dropped by 2,100 jobs in January. In December, the subsector gained 4,600 jobs, but that figure, according to Insurance Information Institute President Robert Hartwig, was later revised downward.
Hartwig says, “P&C carrier employment in January 2013 dipped vs. December 2012, down 2,100, [or] -0.4 percent, to 521,600. This virtually negates the rise in December, itself revised down by 2,000, to near the November 2012 level, but otherwise above every monthly reading in 2012.”
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