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EMPLOYMENT AND UNEMPLOYMENT IN STATES - MAY 2021

(Washington, DC, Insurance News by Insurance Market 360) -Twenty-one states and the District of Columbia had lower unemployment rates in May, One state has a higher rate, and 28 states have a steady rate. Labor Statistics Bureau announced on June 23, 2021. A decrease in jobless rates was reported in all 50 states and D.C. from one year earlier. There was a 0.3 percent decline in the national unemployment rate. By the end of May, the unemployment rate was 5.8 percent, down 7.5 points from May 2020.

14 states saw increases in nonfarm payroll employment, while 1 state saw a decline. As of May 2021, the number of states and DC remained essentially unchanged. All 50 states and the District of Columbia added jobs to their nonfarm payrolls over the past year.

Source: Bureau of Labor Statistic

Link: https://www.bls.gov/news.release/laus.nr0.htm

https://www.insurancemarket360.com/insurance-news/employment-and-unemployment-in-states-may-2021

EMPLOYMENT AND UNEMPLOYMENT IN STATES - MAY 2021 July 13, 2021. (Washington, DC, Insurance News by Insurance Market 360) -Twenty-one states and the District of Columbia had lower unemployment rates in May, One state has a higher rate, and 28 states have a steady rate. Labor Statistics Bureau announced on June 23, 2021. A decrease in jobless rates...

Governor DeSantis Signs SB 728, Credit for Reinsurance, according to Insurance Commissioner Altmaier

(Tallahassee, Florida. Insurance News by Insurance Market 360) - In response to Governor DeSantis' signing of SB 728, Credit for Reinsurance, the Florida Office of Insurance Regulation (OIR) released the following statement on June 16, 2021:

“Thanks to Governor DeSantis, CFO Patronis, President Simpson, and Speaker Sprowls, Florida continues to lead insurance regulatory efforts. SB 728 helps provide regulatory certainty for carriers to keep our market competitive and I am grateful for the strong support from Senator Broxson and Representative Fetterhoff and their leadership on the bill,” said Insurance Commissioner David Altmaier.

It is OIR's commitment to ensure consumers have access to affordable, reliable, and reliable insurance products that are competitively priced and reliable.

Source: Florida Office of Insurance Regulation.

Governor DeSantis Signs SB 728, Credit For Reinsurance, According To Insurance Commissioner Altmaier July 08, 2021.(Tallahassee, Florida. Insurance News by Insurance Market 360) -  In response to Governor DeSantis' signing of SB 728, Credit for Reinsurance, the Florida Office of Insurance Regulation (OIR) released the following statement on June 16, 2021:“Thanks to Governor DeSantis, CFO Patroni...