In industry news:

NCCI released its Q1 Quarterly Economics Briefing. Key findings:

  • Private sector employment increased by 2.6 million jobs in 2018
  • Employment is forecast to grow 1.8% in 2019, slowing to 0.9% in 2020
  • The unemployment rate has held at or below 4.0% since March 2018
  • We expect average weekly wage growth of 3.3% in 2018, increasing to 4.3% in 2019
  • Forecasted medical inflation is revised down, below 2% in 2018 and 2019 but increasing thereafter
  • Treasury yields are lower since last December and remain flat across the yield curve

Access it here.

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