In 2020, the U.S. worker compensation benefits amounted to approximately 58.93 billion U.S. dollars. This is a decrease over the previous year, when worker compensation benefits totaled to about 63.02 billion U.S. dollars. This sharp decrease can be attributed to the impact of the COVID-19 pandemic.
Value of worker compensation benefits in the United States from 1995 to 2020
(in billion U.S. dollars)
Characteristic
Benefits paid in billion U.S. dollars
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NASI. (November 15, 2022). Value of worker compensation benefits in the United States from 1995 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/194854/us-workers-compensation-benefits-paid-per-year/
NASI. "Value of worker compensation benefits in the United States from 1995 to 2020 (in billion U.S. dollars)." Chart. November 15, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/194854/us-workers-compensation-benefits-paid-per-year/
NASI. (2022). Value of worker compensation benefits in the United States from 1995 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/194854/us-workers-compensation-benefits-paid-per-year/
NASI. "Value of Worker Compensation Benefits in The United States from 1995 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Nov 2022, https://www.statista.com/statistics/194854/us-workers-compensation-benefits-paid-per-year/
NASI, Value of worker compensation benefits in the United States from 1995 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/194854/us-workers-compensation-benefits-paid-per-year/ (last visited July 22, 2024)
Value of worker compensation benefits in the United States from 1995 to 2020 (in billion U.S. dollars) [Graph], NASI, November 15, 2022. [Online]. Available: https://www.statista.com/statistics/194854/us-workers-compensation-benefits-paid-per-year/