Information Technology JSI Continues Recovery

Information Technology Job Security Index Continues Recovery

2.2% Growth in JSI for August

The Scorelogix® Information Technology Job Security Index™ rose by 2.2% in August, capping six months of general growth in this sector. Information Technology, which is considered more secure than the overall jobs market, had plummeted between December 2007 and February 2008. The IT JSI has steadily grown since this time, slowly working its way back to its pre-crash levels. It has regained 67.5% of what was lost between December and February.

Since dipping below the National JSI at its nadir in February 2008, the Information Technology JSI has skyrocketed past the National score. This is due to the fact that while IT has recovered over the past six months, National job security has dropped 12.1%. The opposing trajectories have cleaved a 35 point disparity between the two scores.

All nine US census regions posted higher IT job security levels in August than in July. The regions which experienced the largest increase in IT job security were the West South Central and the Mountain regions, increasing by 3.3 percent and 3.2 percent, respectively. The East North Central region recorded the smallest increase in job security at less than 1 percent.