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
1 | | 242.1 |
2 | | 236.8 |
3 | | 227.9 |
4 | | 223.5 |
5 | | 223.4 |
6 | | 222.7 |
7 | | 216.0 |
8 | | 213.8 |
9 | | 213.6 |
10 | | 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).
1 | | 75.6 |
2 | | 97.5 |
3 | | 105.9 |
4 | | 119.8 |
5 | | 123.1 |
6 | | 129.0 |
7 | | 130.7 |
8 | | 133.4 |
9 | | 134.9 |
10 | | 137.3 |
The decrease in job security in Health Care and Social Services has occurred across all nine of the
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.
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