| Labor Market Insights - October 2024 | | https://www.ncci.com/Articles/Pages/Insights-Labor-Market.aspx | Labor Market Insights - October 2024 | Stephen Cooper | | October 7, 2024 | After several months of job reports on the weaker side, September saw blockbuster job gains and included significant upward revisions to previous months. | Article |
| Economic Flash Report: Benchmark Revisions to Current Employment Statistics | | https://www.ncci.com/Articles/Pages/Economic-Flash-Report.aspx | Economic Flash Report: Benchmark Revisions to Current Employment Statistics | Stephen Cooper | | August 22, 2024 | This report delivers timely insights into the latest economic developments and their implications for workers compensation. | Article |
| Quarterly Economics Briefing (QEB) - Q2 2024 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22024.aspx | Quarterly Economics Briefing (QEB) - Q2 2024 | Stephen Cooper, Yariv Fadlon, and Patrick Coate | | July 25, 2024 | NCCI consistently hears from stakeholders that medical inflation is a top concern, and we are responding with insights, data, and NCCI’s newly developed Workers Compensation Weighted Medical Price Index. | Article |
| Medical Inflation Insights - July 2024 | | https://www.ncci.com/Articles/Pages/Insights-medical-inflation.aspx | Medical Inflation Insights - July 2024 | Stephen Cooper | | July 25, 2024 | The Medical Inflation Insights report provides a quarterly overview of the latest insights and analysis into what is driving changes in prices, and how these changes may or may not impact workers compensation. | Article |
| Quarterly Economics Briefing (QEB) - Q1 2024 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q12024.aspx | Quarterly Economics Briefing (QEB) - Q1 2024 | Stephen Cooper, Yariv Fadlon, and Patrick Coate | | May 07, 2024 | In this report, we look at the Fed’s forecast for the economy in 2024 as well as three alternative scenarios. | Article |
| Quarterly Economics Briefing (QEB) - Q4 2023 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q42023.aspx | Quarterly Economics Briefing (QEB) - Q4 2023 | Stephen Cooper, Yariv Fadlon, and Patrick Coate | | January 29, 2024 | This edition of the Quarterly Economics Briefing details the evolution of the labor market development in 2023 and why we remain positive about the labor market and the economy heading into 2024. | Article |
| 2023 Workers Compensation Financial Results Update | | https://www.ncci.com/Articles/Pages/Insights-2023-WorkersComp-Financial-Results-UPD.aspx | 2023 Workers Compensation Financial Results Update | Emily Spiteri and Samantha Sullivan | | November 01, 2023 | In this report, NCCI provides updated financial results for 2022, as well as preliminary information for 2023. | Article |
| Quarterly Economics Briefing (QEB) - Q3 2023 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q32023.aspx | Quarterly Economics Briefing (QEB) - Q3 2023 | Stephen Cooper, Yariv Fadlon, and Patrick Coate | | October 26, 2023 | Recession odds have diminished over the past quarter as the labor market has remained strong, real wage growth has turned positive, and pandemic era savings have yet to be exhausted. We dive into the details and their impact on workers compensation. | Article |
| Quarterly Economics Briefing (QEB) - Q2 2023 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22023.aspx | Quarterly Economics Briefing (QEB) - 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 (QEB) - Q1 2023 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q12023.aspx | Quarterly Economics Briefing (QEB) - 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 | Emily Spiteri and Samantha Sullivan | | 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 (QEB) - Q3 2021 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q32021.aspx | Quarterly Economics Briefing (QEB) - 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 (QEB) - Q2 2021 | | https://www.ncci.com/Articles/Pages/Insights_Quarterly_Economics_Briefing-Q22021.aspx | Quarterly Economics Briefing (QEB) - 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 |
