Interest in careers as life insurance agents soars in 2020

February 24, 2021 by Insurance Forums Staff

COVID-19 and social distancing measures upended many industries resulting in a record-high unemployment rate of 14.7% in April 2020. While the economy is slowly recovering, some market sectors continue to struggle. According to the Bureau of Labor Statistics, jobs in hospitality, transportation, health services and construction were among the greatest hit by the recession.

New LIMRA research suggests individuals who may have been affected by the pandemic-induced recession have turned to the life insurance industry for employment. 

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Originally Posted at Insurance Forums on February 22, 2021 by Insurance Forums Staff.