To benchmark the emergence of new jobs, Cognizant created the Jobs of the Future Index (CJoF Index). This quarterly index measures the changes in demand for a set of 50 jobs of the future—45 actual and 5 proxy jobs. It also includes eight additional sub-indices that represent families of similar jobs.
The CJoF Index answers key questions such as:
- Which jobs, in which industries, are growing faster than others?
- Which jobs are shrinking or shifting to other occupations or overseas?
- Are job market geographic patterns emerging?
The CJoF Index score represents the sum of the current quarterly total of U.S. job openings divided by the quarterly total of U.S. job openings in the 3rd quarter of 2016 (the base year for the Index).
The index was developed by the Cognizant Center for the Future of Work together with ESI ThoughtLab, the former thought leadership arm of Econsult Solutions, Inc.