The Health Care and Social Assistance Job Security Index decreased by 15.1% or 10.2 points in August 2012 compared to the previous month. The Health Care and Social Assistance Job Security Index increased by 1.9% or 1 point in August 2012 when compared to August 2011. After the decrements of last couple of months, the index continued dropping this month. Despite the positive effects of healthcare reform, the sector?s growth could be affected by chronically increasing healthcare costs. And a decelerating economy and less government spending could also have significant negative effects. Given these factors, Scorelogix predicts this sector to continuously post slow and cautious growth in the coming months.
This report includes regional and best-worst state comparisons as well as our projection for the next 12 months and can be used for forecasting and planning or for industry specific research. Like all Scorelogix Job Security Index reports, the Healthcare and Social Assistance JSI report can be purchased individually or on a subscription basis. JSI reports currently are available for national job security and selected industrial groups. Custom reports for specific geographic regions and any other industrial group not currently reported can also be purchased by contacting Scorelogix.
