Today’s Insurance Information Institute (I.I.I.) Daily reports that the U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of May 2017 on detailed insurance industry employment.
Updated multi-decade trend data in chart form is available at the I.I.I. website. The I.I.I. slides show employment trends for property/casualty, life/annuity, health insurers, and reinsurers, agents & brokers, independent claims adjusters, and third-party administrators.
In May 2017, on a year-over-year basis, employment in most segments of the insurance industry was up by varying degrees: P/C carrier employment rose by 11,200 (+2.0 percent) to 566,800.
Data for the last few months are preliminary and are often revised later, but revisions are usually small.