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Nonfatal injuries and illnesses in finance and insurance down slightly in 2017

January 31, 2019

Finance and insurance was one of two industries whose incidence rate of total recordable cases of injuries and illnesses declined in 2017, along with manufacturing. In finance and insurance, the rate declined by 0.1 cases per 100 full-time equivalent workers compared with 2016.

Nonfatal occupational injury and illness incidence rates per 100 full-time equivalent workers by case type, finance and insurance, private industry, 2014–17
Year Total recordable cases Days away from work cases Other recordable cases

2014

0.7 0.2 0.4

2015

0.5 0.2 0.3

2016

0.6 0.1 0.4

2017

0.5 0.1 0.3

Despite the decline in total recordable cases in 2017, the incidence rate of 0.1 days-away-from-work cases per 100 full-time equivalent workers was the same rate reported in 2016.

Workers in finance and insurance incurred a total of 8,090 days-away-from-work cases in 2017, of which 4,180 resulted from falls, slips, or trips. Falls, slips, or trips in this industry occurred to women disproportionately, with 3,760 cases among women compared with 410 cases among men in 2017. The number of falls, slips, or trips cases among women increased by 1,250 in 2017, offsetting the decreases observed in two other event or exposure categories (contact with objects and equipment and overexertion and bodily reaction). The total number of days-away-from-work cases that occurred to men decreased in 2017 compared with 2016 as a result of declines in transportation incidents; falls, slips, and trips; and overexertion and bodily reaction.

Number of nonfatal occupational injuries and illnesses in finance and insurance by gender and selected event or exposure, private industry, 2016–17
Event or exposure Total Men Women
2016 2017 2016 2017 2016 2017

Total

7,510 8,090 2,160 1,630 5,340 6,450

Falls, slips, or trips

3,160 4,180 650 410 2,510 3,760

Overexertion and bodily reaction

2,150 1,790 790 530 1,360 1,250

Contact with objects and equipment

1,270 970 400 300 860 660

Transportation incidents

450 340 240 90 210 240

All other events or exposures

480 810 80 300 400 540

These data are from the Injuries, Illnesses, and Fatalities program. To learn more, see “Employer-Reported Workplace Injuries and Illnesses — 2017.” We also have more information about cases involving days of job transfer or restriction.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Nonfatal injuries and illnesses in finance and insurance down slightly in 2017 on the Internet at https://www.bls.gov/opub/ted/2019/nonfatal-injuries-and-illnesses-in-finance-and-insurance-down-slightly-in-2017.htm (visited November 19, 2019).

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