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Scorelogix Retail and Wholesale Job Security Index Report
ScoreLogix, April 2011, Pages: 8
Scorelogix® launched the Retail and Wholesale Job Security Index in March 2008. The Retail and Wholesale Job Security Index™ is a measure of job security in the Retail and Wholesale segment of the US economy. 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.
Scorelogix® Retail and Wholesale Job Security Index™ increased by 4.1% MOM and 70.92% YOY. This is the second consecutive month over month increase in the sector, showing signs that the industry is poised for growth in the coming months.
Use the Scorelogix Wholesale and Retail Job Security Index report for forecasting and planning or for industry specific research. The Wholesale and Retail JSI reports can be purchased individually on a subscription basis. A national JSI report and selected industrial group reports are also available. Custom reports for specific geographic regions down to the zip code level and for other industrial groups can also be purchased.
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