WCRI: Special Considerations Needed to Apply Lessons from Past Recessions to 2020

The propensity of the past to be prologue allows some predictions about industry trends based on prior economic downturns, but the unique nature of the 2020 recession will likely require consideration of additional factors, according to a new report from the Workers Compensation Research Institute. “We believe that looking at past economic recessions is instructive for gaining insights into the relationships between economic conditions and workers’ compensation payments,” John Ruser, president and CEO of WCRI, said in a statement. “These relationships could help the un...