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Scorelogix Finance and Insurance Job Security Index Report
ScoreLogix, April 2011, Pages: 8
Scorelogix launched the Finance and Insurance Job Security Index in March 2008. The Finance and Insurance Job Security Index™ is a measure of job security in the Finance and Insurance industries. Higher scores indicate higher levels of job security.
Every month, Scorelogix® produces the Scorelogix® Job Security Index, a snapshot of the nation’s job security level, by location, occupation, and industry. Launched in March 2004 and published monthly since January 2006, the Scorelogix® Job Security Index is based on an analysis of thousands of Job Security Scores for individuals across the nation and represents how economy, technology, international trade and competition, outsourcing, etc, impact jobs and job security.
Founded in 2003, Scorelogix is a data analytics and predictive modeling company and offers proprietary solutions for risk mitigation and revenue maximization. Scorelogix’s cutting-edge, patent-pending algorithms and risk solutions help lenders minimize credit risk and losses and allow marketers reduce to solicitation costs and maximize revenues. Scorelogix is a pioneer and industry leader in predicting consumer income stability/risk, job security, and affordability. Scorelogix solutions increase profitability for credit unions, marketers, credit card issuers, banks and insurances and many others.
Scorelogix’s list of innovative products include the Job Security Score, Job Security Index, Income Stability Score, Debt Collectability Score, Unemployment Rate Index, and the Local Economic Health Index. Scorelogix's invention, the Job Security Score™ (JSS), is a better predictor of consumers' ability to pay than credit bureau scores, the Income Stability Score™ (ISS) is a better customer targeting tool, and the Debt Collectability Score™ (DCS) is a better tool for increasing collections effectiveness.
Scorelogix's proprietary ZIP level economic indicators - the Local Economic Health Index™ (LEHI), Job Security Index™ (JSI), and the Unemployment Rate Index™ (URI) - uniquely measure economic activity for every ZIP.
The Scorelogix® Finance and Insurance Job Security Index™ increased 6.1% or 2.9 points in April 2011 over the previous month and had a yearly increase over April 2010 of 12.4 points or 32.3%, Scorelogix predicts growth in the Finance and Insurance sector. Updated monthly, Finance and Insurance JSI reports can be purchased individually or by subscription. National and other selected industrial group JSI’s are also available individually or by subscription and custom reports for specific geographic regions (down to the zip code level) and other industrial groups can also be purchased.
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