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Insurance Job Numbers on Upward Trend

According to recent data released by The Bureau of Labor Statistics (BLS), insurance industry employment is on the rise.

The BLS, an offshoot of the U.S. Department of Labor, recorded an increase of 900 insurance-related jobs in December 2005, and another increase of 2,500 in January of this year.

Areas showing the largest gains included:

  • .2 percent for life insurers

  • .2 percent for health/medical insurers

  • .3 percent for property/casualty insurers

  • 6.5 for reinsurers

  • 7.2 for title insurers

  • In addition, A.M. Best reports January nonfarm payrolls were the strongest since September 2003, increasing by 1 percent.

    What does this suggest?

    The future is looking strong for insurance providers...and I'm sure that's music to your ears!

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