| Quarterly Economics Briefing - Q2 2023 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22023.aspx | Quarterly Economics Briefing - Q2 2023 | Patrick Coate and Yariv Fadlon | | July 24, 2023 | The US labor market is strong. We examine likely drivers of a potential recession or slowdown and show that current economic indicators do not suggest an imminent recession. However, drawdowns of consumer savings could lead to slowing economic growth. | Article |
| Quarterly Economics Briefing - Q1 2023 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q12023.aspx | Quarterly Economics Briefing - Q1 2023 | Patrick Coate | | April 27, 2023 | The labor market is starting to cool off but remains favorable to workers by historical standards, and its cooling is not evenly distributed across economic sectors. Employment and wage growth and hiring rates demonstrate this pattern in recent months. | Article |
| Quarterly Economics Briefing (QEB) - Q4 2022 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q42022.aspx | Quarterly Economics Briefing (QEB) - Q4 2022 | Patrick Coate | | January 31, 2023 | Reduced immigration in 2020 and 2021 lowered labor supply in the US. How much do foreign-born workers drive labor force growth, and what occupations are most affected? NCCI addresses these changes and their impact on workers compensation. | Article |
| Quarterly Economics Briefing (QEB) - Q3 2022 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q32022.aspx | Quarterly Economics Briefing (QEB) - Q3 2022 | Patrick Coate | | November 14, 2022 | Decreased labor supply is driving the tight US labor market. Which workers are returning to the labor force and which are not? And what does lower labor force participation mean for workers compensation? | Article |
| 2022 Workers Compensation Financial Results Update | | https://www.ncci.com/Articles/Pages/Insights-2022-WorkersComp-Financial-Results-Update.aspx | 2022 Workers Compensation Financial Results Update | NCCI Insights | | November 07, 2022 | In this report, NCCI provides updated financial results for 2021, as well as preliminary information for 2022. | Article |
| Quarterly Economics Briefing (QEB) - Q2 2022 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22022.aspx | Quarterly Economics Briefing (QEB) - Q2 2022 | Leonard F. Herk and Patrick Coate | | August 08, 2022 | Job creation, hiring, and wage growth are strong through midyear, but the US economy is slowing and consumer price inflation is at a 50-year high. Does today’s inflation foreshadow a coming recession; and what do both mean for workers compensation? | Article |
| Quarterly Economics Briefing (QEB) - Q1 2022 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q12022.aspx | Quarterly Economics Briefing (QEB) - Q1 2022 | Leonard F. Herk and Francesco Renna | | April 25, 2022 | The US economy is at full employment, but has fewer workers than two years ago. How have employment patterns changed and which workers are missing? With rising inflation and the war in Ukraine, is a swing from full employment to recession imminent? | Article |
| Quarterly Economics Briefing (QEB) - Q4 2021 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q42021.aspx | Quarterly Economics Briefing (QEB) - Q4 2021 | Leonard F. Herk | | February 14, 2022 | Strong employment growth despite Omicron, low unemployment rates but fewer workers in the labor force, a surge in job quits and wage inflation, the Great Reshuffle in labor markets: is this the new normal for the US economy? | Article |
| Supply Chain Disruptions and Their Employment Impacts | | https://www.ncci.com/Articles/Pages/Insights-Supply-Chain-Disruptions.aspx | Supply Chain Disruptions and Their Employment Impacts | Patrick Coate and Francesco Renna | | December 13, 2021 | Supply chain disruptions are affecting both production and employment. Material shortages and logistics bottlenecks are joint contributors. Their effects differ across the US economy, as exemplified by case studies for construction and auto manufacturing. | Article |
| 2021 Workers Compensation Financial Results Update | | https://www.ncci.com/Articles/Pages/Insights-2021-WorkersComp-Financial-Results-Update.aspx | 2021 Workers Compensation Financial Results Update | NCCI Insights | | November 10, 2021 | This year’s NCCI State of the Line Report reflected the most up-to-date data at the time, including NCCI’s preliminary estimates for Calendar Year 2020. This report provides updated results for 2020 as well as preliminary information for 2021. | Article |
| Quarterly Economics Briefing - Q3 2021 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q32021.aspx | Quarterly Economics Briefing - Q3 2021 | Leonard F. Herk | | October 27, 2021 | The summer surge of the Delta variant of COVID-19 slowed US employment growth only mildly through the third quarter. National job recovery continues at a steady pace, its trajectory largely unaffected by strong coronavirus surges last winter and summer. | Article |
| NCCI's Annual Workers Compensation Industry Loss Reserve Analysis | | https://www.ncci.com/Articles/Pages/Insights-Annual-WorkComp-Analysis.aspx | NCCI's Annual Workers Compensation Industry Loss Reserve Analysis | Carolyn Wise and John Deacon | | September 28, 2021 | This article discusses the overall adequacy of loss plus loss adjustment expense (LAE) reserves held by private carriers in the workers compensation (WC) insurance industry. NCCI’s annual loss reserve analysis helps monitor the health of the WC industry. | Article |
| Is Inflation Back? | | https://www.ncci.com/Articles/Pages/Insights-Is-Inflation-Back.aspx | Is Inflation Back? | Patrick Coate and Francesco Renna | | September 08, 2021 | After a decade of price stability, rapid price increases in 2021 are raising fears of inflation. This report investigates what is driving recent price increases and evaluates prospects for future inflation. | Article |
| Is There a Labor Shortage? | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22021_LaborShortage.aspx | Is There a Labor Shortage? | Patrick Coate and Francesco Renna | | August 11, 2021 | As the economy recovers from the COVID recession, employers are finding it difficult to hire workers. This report analyzes labor shortages—what they are, key drivers, and possible outcomes. | Article |
| Quarterly Economics Briefing - Q2 2021 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22021.aspx | Quarterly Economics Briefing - Q2 2021 | Leonard F. Herk | | August 06, 2021 | The US economy added jobs steadily during the second quarter. As economic recovery continues, the pace of recovery is slowing and industry-specific differences are becoming more prominent. | Article |
| Quarterly Economics Briefing (QEB) - Q1 2021 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q12021.aspx | Quarterly Economics Briefing (QEB) - Q1 2021 | Leonard F. Herk | | April 28, 2021 | The economy is on the rebound after the massive pandemic recession. NCCI’s Economics Team delivers an in-depth look at the economy and how it is impacting the workers compensation system. | Article |
| Latest Trends in Worker Demographics | | https://www.ncci.com/Articles/Pages/Insights-Latest-Trends-Worker-Demographics.aspx | Latest Trends in Worker Demographics | Patrick Coate | | March 04, 2021 | This paper highlights current and projected demographic patterns in employment, as well as data on injury frequency and time away from work. | Article |
| Remote Work Before, During, and After the Pandemic | | https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q4_Remote-Work-Pandemic-Redirect.aspx | Remote Work Before, During, and After the Pandemic | Patrick Coate | | January 25, 2021 | This report reviews the changes in remote work before and throughout 2020. We also evaluate potential impacts of a permanent increase in the amount and importance of remote work from pre-pandemic trends. | Article |
| The COVID-19 Recession at Year-End: Perils and Prospects for 2021 | | https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q4_COVID-19-Recession-Year-End-Redirect.aspx | The COVID-19 Recession at Year-End: Perils and Prospects for 2021 | Leonard F. Herk | | January 19, 2021 | In this report, we review the state of the COVID-19 recession going into 2021 and consider what changes are likely to persist in a new post-COVID economy. | Article |
| QEB Employment Scenario Tool | | https://www.ncci.com/Articles/Pages/Insights_QEB-Employment-Scenario-Tool.aspx | QEB Employment Scenario Tool | NCCI Insights | | December 08, 2020 | The Quarterly Economics Briefing (QEB) Employment Scenario Tool enables users to explore employment scenarios as discussed in NCCI’s Third Quarter 2020 QEB and take a deeper dive into states and industries of interest. | Article |
| As US Employment Recovers From COVID-19, Services and States Are Key | | https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q3_COVID-Empl-LFH-Redirect.aspx | As US Employment Recovers From COVID-19, Services and States Are Key | NCCI Insights | | October 30, 2020 | This report takes stock of what we know about the coronavirus recession so far and what the path to recovery may look like. | Article |
| Average Wages During the Coronavirus Pandemic | | https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q3_Wages_PEC-Redirect.aspx | Average Wages During the Coronavirus Pandemic | NCCI Insights | | October 30, 2020 | This report looks at average wages during the coronavirus pandemic. | Article |
| 2020 Workers Compensation Financial Results Update | | https://www.ncci.com/Articles/Pages/Insights-2020WorkersCompResultsUpdate.aspx | 2020 Workers Compensation Financial Results Update | NCCI Insights | | October 26, 2020 | In this report, NCCI provides updated results for 2019. | Article |
| Job Losses During the Coronavirus Pandemic, February to May 2020 | | https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q2_COVIDEmployment-Redirect.aspx | Job Losses During the Coronavirus Pandemic, February to May 2020 | NCCI Insights | | June 19, 2020 | The coronavirus pandemic has caused layoffs on a scale unprecedented in recent history, but its effects differ significantly across industries and states. | Article |
| Job Losses and Physical Proximity | | https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q2_PhysicalProximity-Redirect.aspx | Job Losses and Physical Proximity | NCCI Insights | | June 19, 2020 | This report estimates the share of workers in each economic sector who work in close physical proximity to others. It also discusses the relationship between physical proximity and sector job losses during the pandemic. | Article |
