Thursday, September 18, 2008

Information Technology Job Security Index for July 2008


Information Technology Job Security Index Continues Rise

7.2% Growth in JSI for July Bucks National Trend


The Scorelogix® Information Technology Job Security Index™ rose by 7.2% in July, capping five months of general growth in this sector. Information Technology, which is considered more secure than the overall jobs market, had dropped significantly from July 2007 through February 2008, when a recovery began. It still remains far below its July 2007 level.


At the height of this decline, in February, the IT JSI dipped below the National JSI for the first time. This coincided with a decisive, 30 point drop in IT job security from December 2007 to February 2008. This drop coincided with the intensification of economic turmoil in the United States including the credit and banking crises, high inflation, rising energy costs, and a dwindling of disposable income.



Since February, Job Security in IT has jumped 11.97%, and fully regained its edge in comparison to the National score, which has been in decline since April. Despite continued economic woes, IT jobs have become more secure, due in large part the high level of integration of this occupational sector with industry, government, and the private sector. In a non-volatile economy, IT may be expected to play a significant role in

future economic growth.


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To obtain further information about Scorelogix’s Job Security Index, or to receive a more in depth analysis of the data provided above, please email Bill Dougherty @ bill.dougherty@scorelogix.com


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