Research

Growth in employment and earnings brings an uptick in workers' compensation benefits and costs

Yahoo! Finance quoted Economics Professor Marjorie Baldwin in a story about the rise in workers’ compensation benefits in 2012. Baldwin is chair of Academy's Workers' Compensation Data Panel, part of the National Academy of Social Insurance.

2014-10-08

From Yahoo! Finance, August 26, 2014: "Workers' compensation benefits rose by 1.3 percent to $61.9 billion in 2012, while employer costs rose by 6.9 percent to $83.2 billion, according to a report released today by the National Academy of Social Insurance (the Academy). "This growth in workers' compensation spending reflects rising employment and earnings as the economic recovery continues," said Marjorie Baldwin, chair of Academy's Workers' Compensation Data Panel, part of the National Academy of Social Insurance." Read more About Marjorie Baldwin: Marjorie L. Baldwin is a Professor in the Department of Economics at the W. P. Carey School of Business. A health economist who has devoted a major part of her career to studying work disability and disability-related discrimination, she is the author or co-author of more than 50 articles and book chapters. Professor Baldwin has been a principal investigator for major studies of the costs and outcomes of work-related injuries, as well as studies of labor market discrimination against persons with serious mental illness and persons with substance use disorders. Her research has been supported by the National Institute of Mental Health, National Institute on Disability and Rehabilitation Research, National Institute of Drug and Alcohol Abuse and the Northwestern/University of Chicago Joint Center for Poverty Research. Professor Baldwin is an investigator with the Center for Adherence and Self-Determination, an NIMH-sponsored Center conducting research to promote choice and full engagement in services that help persons with mental illness achieve their recovery goals. Professor Baldwin is also a member of the National Academy of Social Insurance, where she is chair of the Workers’ Compensation Data Study Panel, and holds an appointment as visiting professor at the Centre d'Etudes de Populations de Pauvreté et de Politiques Socio-Économiques in Luxembourg.

Economics