Budgeting For The Labor Shortage
Manufacturers continue to face mounting challenges as a result of the labor shortage, including a shrinking talent pool — very few millennials are joining the industry, but baby boomers continue to leave. In fact, predictions show 4.6 million new manufacturing jobs will open over the next 10 years, with 2.4 million remaining unfilled due to the skills shortage. In addition to this, tariffs are further straining manufacturers by increasing demand in a market where there’s not enough people to do the work.
Tariffs are part of a long-term strategy to bring manufacturing back to the U.S., but it won’t be a painless process. While reinvestment in U.S. manufacturing is ultimately positive, the industry will experience increased pressure to meet demand with a shrinking workforce — making it more important than ever for companies to prioritize hiring and retaining top talent.
Hurricane Dorian could hit the insurance industry with more than $25 billion in losses, UBS says
The bank recently widened its loss estimate and now expects Dorian to cause $5 billion to $40 billion worth of damage. It also increased its base case for the storm’s impact on insurers to $25 billion from $15 billion.
Dorian is the most powerful storm to hit the Atlantic since the 1935 Labor Day hurricane, according to the National Hurricane Center.
Falling in Love: Fall Weddings
Just like every other bride or groom, you have a laundry list of things to do before the big day. Steak or chicken, seating charts and color choices are taking over your life! And while other couples are fighting for every weekend in May or June, you’re relaxed and waiting for your fall wedding date to arrive.
Could You Be Raking in Injuries Along with Your Leaves?
Thirty-eight thousand: According to the annual summary from U.S. Consumer Product Safety Commission (CPSC), that is the number of Americans who suffered leaf-raking injuries in 2012.
Amusement Park Thrill Rides: How Safe Are They Really?
For many American children, summer vacation isn’t complete without a visit to an amusement park or a stop at a local carnival. Some parents may worry, however, about just how safe their children are when they get on these rides. While carnivals tend to have the same standard rides each year, the established theme parks are working hard to outdo their competition by continually bringing in new and more daring rides. So, is your worry about your family’s safety justified?
Kids & Halloween: Fun, Not Fear!
Are your kids this Halloween dreaming of Spiderman or Elsa, the Snow Queen of “Frozen”? Whether they want to be costumed princesses or saviors of the city, your kids are focused on the fun. But your Trusted Choice® agent knows that parents may be feeling the fear. From dangerous streets and potentially tampered candy to some crazy adult indulging an inner costumed fantasy, the sources of scary things aren’t just goblins and ghouls.
The Essential Fall Home Maintenance Checklist
When the chill starts creeping in through the windows and doors, it’s time to get ready for the big freeze. We’ve put together a quick and easy checklist, so you can prepare your home for the cold with confidence. Some of these items are regional. For instance, you probably won’t need to insulate your pipes if you live in Southern California. But many of these apply to just about everyone. Act on the ones that are right for your home, and skip the ones that don’t apply.
Be Thankful for Your Trusted Choice® Independent Agent
The holidays are a time for reflection and gratitude. While giving thanks this year, don’t forget your Trusted Choice® independent insurance agent! Your insurance agent looks out for your personal and business needs in a multitude of ways.
Party Safety: Plan a Celebration, Not a Debacle
Whether your personal kickoff celebration involves college or NFL football or a traditional launch into the upcoming year-end holidays, it’s party time! And while for some folks the planning of the ultimate bacchanalian revel is the best part of “party,” your Trusted Choice® agent reminds you to be sure safety is on the men
15 Financial Tips for 2015
2015 is just days away, and that means it’s time to get your finances in order. Many people find it easy to begin the journey during the first week of January, but by March, bad habits begin to resurface.