economic impact of workplace injuries

Workplace injuries can have significant economic effects, including increased costs for employers due to medical expenses, workers' compensation, and potential legal fees. These injuries can lead to reduced productivity, higher turnover, and training costs for new employees. Additionally, injured workers may face lost wages and long-term health issues, impacting their financial stability. Overall, workplace injuries strain the economy by increasing costs for businesses and decreasing overall efficiency, which can lead to higher prices for goods and services and a negative ripple effect on the community and economy.