Cautious optimism, a term that seems to be bandied about with alarming frequency these days, is in play again when looking at the insurance job market. Last week, a survey from GreatInsuranceJobs.com found that the job market for the insurance industry is still grim, but slowly bouncing back. Now, for a second consecutive month, the U.S. Bureau of Labor Statistics' (BLS) jobs report confirms this, showing insurance industry employment to still be sliding, while the overall national numbers have begun to bounce back.
Released last Friday, the jobs report contained a glimmer of hope, announcing a 290,000-job increase across all sectors. But that glint of positivity was tempered by the rising of the unemployment rate from what had been a steady 9.7% level for the last three months to 9.9%.
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