California
Report Keys on Impacts of Economic Changes on California Workers' Comp
Projected changes to California workers’ comp claims frequency and severity due to industry mix of employment are negligible through 2026, while employment in most industries fully recovered from the initial pandemic related changes by the end of 2022, a new report from the Workers’ Compensation Insurance Rating Bureau of California shows.
WCIRB this week released an update to the Impact of Economic Changes on California Workers’ Compensation report.
The report shows that while employment in hospitality fully recovered in 2023, retail employment is expected to remain below 2019 levels until 2026. The report forecasts construction employment to grow moderately in 2024 and 2025 and slowly in 2026, similar to the overall growth.
Healthcare employment fell slightly in 2020, then rebounded in 2021. It is projected to grow modestly through 2026, according to WCRIB.
“Unemployment is forecast to increase slightly in 2024 and then decrease slightly, remaining at historically low levels,” the report shows. “WCIRB research has found that increases in unemployment are correlated with decreases in indemnity claim frequency. Given the current forecast of changes in the unemployment rate is small, there would also be a small impact on changes in indemnity claim frequency.”
Claim frequency rose substantially in 2021 due to the mix of employment by industry, an increase largely driven by the return of hospitality employment, but modest industry mix impacts on claim frequency and severity are projected to continue and offset each other, yielding negligible pure premium impacts through 2026, according to WCIRB.
Wages overall are forecast to increase strongly in 2024, then return to a lower increase in 2025 and 2026.
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SAN RAMON, Calif. (KGO) — An earthquake with a preliminary magnitude of 3.4 struck near San Ramon at 11:21 p.m. Sunday, the U.S. Geological Survey said.
USGS said the tremor was about 8.4 km in depth.
According to the Geological Survey, people typically report feeling earthquakes larger than about magnitude 2.5.
The closer to the surface an earthquake occurs, the more ground shaking and potential damage it will cause.
No injuries have been reported.
This is the latest quake in San Ramon, which has seen multiple strings of tremors in the past several months.
Bay City News contributed to this report.
MAP: Significant San Francisco Bay Area fault lines and strong earthquakes
Zoom in on the map below and compare where you live to the significant faults and where strong earthquakes have struck in the Bay Area.
Stay with ABC7 News for the latest details on this developing story.
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LOS ANGELES (KABC) — Worshippers across Los Angeles were met with an increased law enforcement presence on Sunday as police and sheriff’s deputies stepped up patrols outside mosques, synagogues and cultural landmarks following the strikes on Iran.
Local officials said there are no credible threats to Southern California, but the Los Angeles Police Department and the Los Angeles County Sheriff’s Department heightened visibility as a precaution to ensure communities stay safe.
More demonstrations tied to the attack on Iran are expected Sunday and Monday. Several protests were held across Southern California on Saturday.
READ MORE | Rallies for and against military action in Iran draw demonstrators across Southern California
While Iranian-Americans celebrated in Westwood, protesters gathered in downtown Los Angeles to oppose the Trump administration’s attacks against Iran.
While some groups gathered in downtown Los Angeles to protest the strikes, others assembled in Westwood to celebrate “the fall of the Ayotollah,” according to organizers.
Authorities said they will continue monitoring events as the region prepares for additional gatherings in the days ahead.
This is a developing story. This article will continue to be updated as more information becomes available.
Copyright © 2026 KABC Television, LLC. All rights reserved.
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