Insurance Industry Adds 13,900 Jobs in January
The insurance industry saw an increase in employment with the addition of 13,900 jobs for the month of January, according to the latest employment numbers from the U.S Bureau of Labor Statistics released on February 6, 2015.
The insurance industry grew by 0.55 percent last month and now sits at roughly 2.52 million employed insurance workers. Over the past 12 months, the total number of employed insurance workers has increased by 3.86 percent from 2.42 million in January 2014.
The finance and insurance sector as a whole saw an increase in employment with the addition of 22,400 jobs for the month of January, with the majority of job increases happening within the insurance carriers and related activities subsector.
Across all industries, total nonfarm payroll employment rose by 257,000 in January, with job gains in retail trade, construction, health care, financial activities, and manufacturing. The unemployment rate, at 5.7 percent, changed little in January and has shown no net change since October. The number of unemployed persons remains little changed at 9.0 million for the month of January.
Employment numbers were revised for both November and December, from 353,000 to 423,000 jobs and 252,000 to 329,000 jobs respectively. With these revisions, employment gains for both months combined were 147,000 higher than previously reported. The Bureau of Labor Statistics reports the revisions are a result additional reports received from businesses since the last published estimates, the monthly recalculation of seasonal factors, and the annual benchmark process.
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, agents, claims jobs, clerical, customer service, health, life, risk management, sales, investigators, insurance underwriters, workers compensation and more.