• The "real" unemployment rate, which takes underemployment into account is 13.9 percent.
  • The number of workers who have been forced to work part-time is increased to nearly 70 percent.
  • Employers have cut hours for their workers by 1.2 percent in the past 12 months.

Source: Merrill Lynch

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Benefits Sales Strategies