Healthcare & Social Services JSI Drops

2008-09-17T11:56:00.000-07:00

Fourth Straight Month:

Health Care & Social Services Job Security Drops

14.6% Decline Since December 2007

The Scorelogix® Health Care & Social Services Job Security Index™, a predictor of job security in a key sector of the economy, fell 4.5% in August, the steepest drop in over a year. This marks the seventh time in thirteen months that the Index has fallen. Job Security in Health Care and Social Services has become significantly less secure since December 2007, when measured at 186.7. Since December, the JSI has dropped by 14.6%.

Top 10 States by Health Care and Social Services Job Security in August 2008

The Scorelogix^® Health Care and Social Services Job Security Index™ found workers in the following states enjoying the lowest risk of job loss (i.e. having the highest job security) in August. South Dakota and Wyoming now lead the nation in overall and Health Care and Social Services job security.

1	South Dakota	242.1
2	Wyoming	236.8
3	North Dakota	227.9
4	Utah	223.5
5	Nebraska	223.4
6	Idaho	222.7
7	Montana	216.0
8	New Hampshire	213.8
9	Iowa	213.6
10	Oklahoma	209.7

Bottom 10 States by Health Care and Social Services Job Security in August 2008

Workers in the following states are experiencing the greatest job-loss risk (i.e. having lowest job security). Michigan is by far the weakest State for job security, almost 22 points below any other State.

1	Michigan	75.6
2	Mississippi	97.5
3	Rhode Island	105.9
4	California	119.8
5	Illinois	123.1
6	District Of Columbia	129.0
7	Ohio	130.7
8	Tennessee	133.4
9	South Carolina	134.9
10	Kentucky	137.3

The decrease in job security in Health Care and Social Services has occurred across all nine of the US census regions. The East North Central region recorded the sharpest decrease of 6.1 percent in job security, compared to the national average decrease of 3.3 percent.

It remains true that despite the decline in job security in the Health & Social Services sector, the sector as a whole remains stronger than National job security, and most other sectors. This can be attributed to the great need for health care and social services no matter what the economic outlook reflects.

Scorelogix Health Care & Social Services JSI

Healthcare & Social Services JSI Drops