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Scorelogix US Job Security Index Report
ScoreLogix, April 2011, Pages: 10
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® Job Security Index increased by 18.4% or 5.2 points in April 2011 when compared to March 2011. JSI increased by 62.0% in April 2011 vs. April 2010. The Index has increased month over month the last three months; indicating that the economy is poised for growth in the months ahead. Scorelogix Job Security Index reports can be purchased individually for the nation, and for selected industrial groups or on a subscription basis. Custom reports for specific geographic regions down to the zip code level and for other industrial groups not currently reported can also be purchased.
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