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Scorelogix Issue 5 2012 Manufacturing Job Security Index Report
ScoreLogix, June 2012, Pages: 8
Scorelogix® launched the Manufacturing Job Security Index beginning in March 2008. The Manufacturing Job Security Index™ is a measure of job security across all Manufacturing sectors. 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 February 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.
1. Job Security Index (Manufacturing Industry) highlights
2. Job Security Index Summary
3. Manufacturing Job Security Index in Census Divisions
a. Scorelogix Manufacturing Industry Job Security Index
b. Scorelogix Manufacturing Industry Job Security Index Monthly Change
c. National and Manufacturing Job Security Index
a. Top 10 States by Manufacturing Job Security in August
b. Bottom 10 States by Manufacturing Job Security in August
c. Census Division Manufacturing Job Security in August
6. About Scorelogix Manufacturing Job Security Index™
7. About Scorelogix Job Security Score™
8. About Scorelogix
The Scorelogix® Manufacturing Job Security Index™ increased by 16.8% or 6.3 points in May 2012 when compared to April 2012. The index increased by 27.5 points compared to May 2011.
After the significant jump of last month, the Job Security Index continued to increase this month, a further indication of continued recovery in manufacturing job stability. Also government efforts to bring manufacturing jobs back from international markets can be expects to boost this sector in the relatively near term.
Use the regional and state comparisons in this report to better understand what appears to be a manufacturing job recovery. Purchase the Scorelogix Manufacturing Job Security Index individually this month or on a subscription basis. Custom, geographically specific reports down to the zip code level as well as other industrial group reports are also available.