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The Jacobson Journal: An Insurance Talent Blog

The Jacobson Group

Recent Posts

Insight on Today's Pressing Talent Questions

Posted by The Jacobson Group on May 25, 2022 11:53:13 AM

The talent landscape continues to shift and present new challenges for insurance leaders. From the abrupt adoption of remote work and a focus on contingency planning at the start of the pandemic to the current “Great Reshuffle” (and potentially “the Great Regret”), ongoing evolution and real-time learning have been key themes throughout the past two-plus years.

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Topics: Talent, Leadership

Health Highlights: Q2 2022

Posted by The Jacobson Group on May 13, 2022 1:00:00 PM

The health insurance industry is facing a number of unknowns while continuing to evolve in the pandemic’s wake. Our team has frequent conversations with health insurance leaders across the country, keeping a pulse on how they are preparing for the unexpected, while accommodating the needs of both their employees and members. Below are a few key areas that are on our radars as we approach the second half of 2022.

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Topics: Labor Market, Healthcare

May 2022: Labor Market Pulse

Posted by The Jacobson Group on May 10, 2022 2:01:06 PM

April saw strong job growth in the insurance labor market with the addition of nearly 20,000 jobs, according to the Bureau of Labor Statistics. Unsurprisingly, the unemployment rate for insurance carriers and related activities continued its steady decline since February, dropping to just 1.4% in April. Unemployment held steady at 3.6% for the overall U.S. economy, hitting 15-months of steady job growth. With reports wage growth isn’t keeping pace with rising inflation, we’re continuing to see many clients rethink their compensation and overall retention strategies. For more on comprehensive retention strategies, view our latest white paper: Retaining Top Talent in Today’s Competitive Labor Market.

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Topics: Labor Market, PULSE

Attracting and Retaining Gen Z in Today’s Labor Market

Posted by The Jacobson Group on Apr 6, 2022 11:30:11 AM

For years, the insurance industry has explored how to best recruit and engage young professionals. Millennials have long been the focus of these conversations; yet, the oldest Millennials are now in their early 40s and stepping into more senior- and executive-level roles. Generation Z is the newest generation to enter the workforce and brings its own distinct characteristics, work styles and expectations.

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Topics: Recruitment, Generational

April 2022: Labor Market Pulse

Posted by The Jacobson Group on Apr 5, 2022 2:58:33 PM

The insurance labor market remains incredibly tight, with a slight drop in unemployment and the loss of 1,400 jobs in March. Unemployment also fell for the overall U.S. economy, which has seen a 14-month streak of steady job growth. Job openings within the larger finance and insurance sector remain relatively high; yet, the industry continues to lack available talent to fill these open roles.

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Topics: Labor Market, PULSE