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What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.

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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 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).

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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