The National Council on Compensation Insurance has released its economics briefing for the fourth quarter of 2023.
The findings provide insight into the labor market and why NCCI remains bullish on the U.S. economy.
Highlights:
Employers added 2.7 million jobs last year, a significantly slower pace than in the previous two years, but the gain is still considered good for a "normal" labor market.
Employment growth was concentrated in two private-sector industry groups: education and health care, and leisure and hospitality. However, the trend could refl...
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