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Quarterly Economics Briefing (QEB) - Q4 2022https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q42022.aspxQuarterly Economics Briefing (QEB) - Q4 2022Patrick CoateJanuary 31, 2023Reduced 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 2022https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q32022.aspxQuarterly Economics Briefing (QEB) - Q3 2022Patrick CoateNovember 14, 2022Decreased 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 Updatehttps://www.ncci.com/Articles/Pages/Insights-2022-WorkersComp-Financial-Results-Update.aspx2022 Workers Compensation Financial Results UpdateNCCI InsightsNovember 07, 2022In this report, NCCI provides updated financial results for 2021, as well as preliminary information for 2022.Article
Quarterly Economics Briefing (QEB) - Q2 2022https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22022.aspxQuarterly Economics Briefing (QEB) - Q2 2022Leonard F. Herk and Patrick CoateAugust 08, 2022Job 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 2022https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q12022.aspxQuarterly Economics Briefing (QEB) - Q1 2022Leonard F. HerkApril 25, 2022The 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 2021https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q42021.aspxQuarterly Economics Briefing (QEB) - Q4 2021Leonard F. HerkFebruary 14, 2022Strong 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 Impactshttps://www.ncci.com/Articles/Pages/Insights-Supply-Chain-Disruptions.aspxSupply Chain Disruptions and Their Employment ImpactsPatrick CoateDecember 13, 2021Supply 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 Updatehttps://www.ncci.com/Articles/Pages/Insights-2021-WorkersComp-Financial-Results-Update.aspx2021 Workers Compensation Financial Results UpdateNCCI InsightsNovember 10, 2021This 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 2021https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q32021.aspxQuarterly Economics Briefing - Q3 2021Leonard F. HerkOctober 27, 2021The 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 Analysishttps://www.ncci.com/Articles/Pages/Insights-Annual-WorkComp-Analysis.aspxNCCI's Annual Workers Compensation Industry Loss Reserve AnalysisCarolyn Wise and John DeaconSeptember 28, 2021This 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.aspxIs Inflation Back?Patrick CoateSeptember 08, 2021After 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.aspxIs There a Labor Shortage?Patrick CoateAugust 11, 2021As 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 2021https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22021.aspxQuarterly Economics Briefing - Q2 2021Leonard F. HerkAugust 06, 2021The 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 2021https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q12021.aspxQuarterly Economics Briefing (QEB) - Q1 2021Leonard F. HerkApril 28, 2021The 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 Demographicshttps://www.ncci.com/Articles/Pages/Insights-Latest-Trends-Worker-Demographics.aspxLatest Trends in Worker DemographicsPatrick CoateMarch 04, 2021This 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 Pandemichttps://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q4_Remote-Work-Pandemic-Redirect.aspxRemote Work Before, During, and After the PandemicPatrick CoateJanuary 25, 2021This 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 2021https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q4_COVID-19-Recession-Year-End-Redirect.aspxThe COVID-19 Recession at Year-End: Perils and Prospects for 2021Leonard F. HerkJanuary 19, 2021In 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 Toolhttps://www.ncci.com/Articles/Pages/Insights_QEB-Employment-Scenario-Tool.aspxQEB Employment Scenario ToolNCCI InsightsDecember 08, 2020The 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 Keyhttps://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q3_COVID-Empl-LFH-Redirect.aspxAs US Employment Recovers From COVID-19, Services and States Are KeyNCCI InsightsOctober 30, 2020This 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 Pandemichttps://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q3_Wages_PEC-Redirect.aspxAverage Wages During the Coronavirus PandemicNCCI InsightsOctober 30, 2020This report looks at average wages during the coronavirus pandemic.Article
2020 Workers Compensation Financial Results Updatehttps://www.ncci.com/Articles/Pages/Insights-2020WorkersCompResultsUpdate.aspx2020 Workers Compensation Financial Results UpdateNCCI InsightsOctober 26, 2020In this report, NCCI provides updated results for 2019.Article
Job Losses During the Coronavirus Pandemic, February to May 2020https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q2_COVIDEmployment-Redirect.aspxJob Losses During the Coronavirus Pandemic, February to May 2020NCCI InsightsJune 19, 2020The 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 Proximityhttps://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q2_PhysicalProximity-Redirect.aspxJob Losses and Physical ProximityNCCI InsightsJune 19, 2020This 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
The Economic and Medical Outlook on Workers Compensation - Q1 2020https://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q1_EconomicOutlook-Redirect.aspxThe Economic and Medical Outlook on Workers Compensation - Q1 2020NCCI InsightsApril 22, 2020The Economic and Medical Outlook on Workers Compensation - Q1 2020Article
Economic Impacts of Coronavirus and Workers Compensationhttps://www.ncci.com/Articles/Pages/Insights_QEB_2020_Q1_Drilling_Down-Redirect.aspxEconomic Impacts of Coronavirus and Workers CompensationNCCI InsightsApril 17, 2020This research brief takes stock of what we know so far about the employment impacts of the coronavirus pandemic, and also considers how the pandemic may influence the behavior of firms and workers in ways that affect the workers compensation system.Article

 


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