Quarterly economics briefing

Labor shortages mar industries

  • NCCI recently released its Quarterly Economics Briefing report for the third quarter of 2022,
  • Decreased labor supply is driving the tight US labor market and about 3 million fewer people are working or looking for work today than would be at the pre-pandemic rate of participation.
  • The biggest drops in labor force participation are for workers under age 25 and workers over 65. Participation among prime-age workers from 25 to 64 is almost completely recovered to its pre-pandemic rate.
  • The share of workers remaining in the labor force past age 65 had been rising before the pandemic. The post-pandemic drop in labor force participation among older workers reverses that trend.

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GREENFIELD, CA – APRIL

Illnesses decreased in Montana

  • Employers in Montana reported a total of 12,100 recordable OSHA injuries and illnesses in 2021, with 10,400 of those in the private industry.
  • This is an increase from 11,700 total recordable injuries in 2020.
  • Out of the 10,400 private industry injuries and illnesses in 2021, 5,600 were serious enough to require recuperation away from work, a transfer from or restricted duties at work, or both.
  • The total reported occupational Illness rate decreased from the 2020 rate 34.2 illnesses per 10,000 workers to 26.3 cases per 10,000 workers in 2021.

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Woman orederd to pay $17,000 in restittuion

  • Ohio’s Special Investigations Department announced that Frances Davis pleaded guilty to one count of attempt to commit workers’ compensation fraud, a fifth-degree felony, and pay $17,144.79 in restitution.
  • BWC’s Special Investigations Department (SID) opened an investigation into Davis after their Intelligence Unit identified she potentially earned wages when she was also receiving disability benefits from BWC.
  • The investigation confirmed Davis worked for seven different employers over the course of two years.
  • While collecting BWC benefits, she held positions such as manager, assistant manager, packer, and machine operator.

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Safety training for commercial fisherman

  • NIOSH and the U.S. Coast Guard announced funding for safety research and training for commercial fishing.
  • There is $6 million available to qualified individuals in academia, and members of non-profit organizations, municipalities, and businesses involved in the fishing and maritime industries.
  • The Commercial Fishing Occupational Safety Research Cooperative Agreement and the Training Project Grants
  • Up to $975k for each grant can be allocated to organizations. Funding will be made available in the fiscal year 2023.

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