Job Security Index

Job Security Index

A quantitative measure of job security in different locations in the United States. A variety of factors affect the Job Security Index, including international trade, outsourcing, job migration, and demographics, among others. The index uses the Job Security Scores of thousands of persons to arrive at its figures. It was established in 2004 and is published monthly by Scorelogix.
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Randstad's job security index, which tracks workers' beliefs about the likelihood of losing their current job, continues to indicate growing job security among employees.
The figures, from Legal & General's Job Security Index, show that confi-dence in job security among Birmingham's workers has risen from 68 per cent in October to 75 per cent today.
Legal & General s latest Job Security Index shows that the number of UK workers who believe they are at immediate risk of redundancy has halved from 6% in January 2013 to just 3% in October.
Male workers have also seen a 2% increase in confidence over the course of the year, with 72% of male working adults saying that they were confident about their job security in January this year, compared to 74% in the most recent Job Security Index results.
Legal & General's Job Security Index showed that 74% of UK working adults are confident about their job security - just 1% up on the previous survey carried out three months ago.
Latest figures from Legal & General's Job Security Index show that confidence in job security among Welsh workers has increased by 5% since April 2012, when confidence was at 67%.
The number of UK working adults seeking a new job which will give them better job security is at its highest since the Job Security Index started tracking UK working adults' views in January 2012.
The latest Legal & General Job Security Index - which surveyed up to 3,000 adults - showed an increase of 2% since last October.
The first, the Job Security Index (JSD, was designed to assess an individual's cognitive appraisal of the future of his or her job with respect to the perceived level of stability and continuance of that job.
The latest figures from Legal & General s Job Security Index show that UK workers confidence in their job security has dropped by 6% since October 2012, when confidence levels were at an Index high of 78%.
Mark Holweger, director at Legal & General's general insurance business, said: "January's employment statistics revealed that unemployment among part-time workers has increased, which reflects the sentiment shown in our Job Security Index that part-time workers are significantly more worried about their job security compared to full-time workers.
The Job Security Index also shows that the gap in confidence in job security between private sector workers and public sector workers is widening with nearly three quarters, (74%) of private sector workers continuing to be confident about their job security compared to just over two thirds, (69%) of public sector workers - a gap of 5% compared with a gap of 3% last quarter.