Insurance job growth continues six months into the pandemic

The overall economy and the insurance industry experienced declining unemployment rates and continued job growth in August 2020, said The Jacobson Group. (Photo: Shutterstock)

The insurance industry continues to see decreasing unemployment rates and growing job opportunities six months since the start of the COVID-19 global health crisis.

According to the September edition of PULSE from The Jacobson Group, the insurance industry is down 1,900 jobs compared to pre-pandemic numbers in February 2020 and employs 13,300 more individuals in August 2020 than in August 2019. A month earlier, in July 2020, the industry employed 17,000 more individuals year-over-year (YOY).