NCCI: Wage Growth Likely to Continue Workers Comp Payroll Growth
February 20, 2024
by Allen Laman
Despite a "significant slowdown" in job growth in 2023, a new National Council on Compensation Insurance briefing shared that "wage growth will likely continue to drive workers compensation payroll growth throughout 2024."
"Employment gains slowed in 2023 from 2022; however overall payroll gains, a key metric for workers compensation, remained robust," the quarterly economics briefing said. "Addit...