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Editor’s note: Greg S. Tardy, CPCU, ARM, is vice president & chief underwriting officer at Key Risk.

Down from a recent peak of 9.6% in 2010, the Bureau of Labor Statistics (BLS) reported an unemployment rate of 6.2% as of July 2014. As the unemployment rate decreases, new employees are entering the workplace and people are returning to work in new industries. During this time of economic growth, it is important for employers to remember the fundamentals of hiring and understand the impact effective hiring practices can have on their workers compensation program and business.   

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