Tech jobs rose in October, unemployment rose slightly [Yahoo! Finance]
PagerDuty, Inc. (PD)
Last pagerduty, inc. earnings: 3/18 04:05 pm
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Source: Yahoo! Finance
Employers across the economy added 70,000 technology positions in October, according to a CompTIA review of U.S. Bureau of Labor Statistics data published Friday. October marks the second straight month of tech job gains following a three-month slump earlier this year. Active job postings also increased last month to more than 528,000, according to the IT trade group. More than 12,000 net new job postings were added in October. Despite the positive signs, tech unemployment increased slightly to 2.6%, up from 2.5% in September. The national unemployment rate remained unchanged month-over-month at 4.1%. The tech talent market showed signs of slowing down earlier this year. IT unemployment reversed years of record lows and rose back up to 3.7% in June , even as enthusiasm for emerging tech deployment and enterprise modernization remained strong. National unemployment rates compared to those in IT occupations Since then, the key signal of demand for tech talent has continued to
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News
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- PagerDuty, Inc. (NYSE: PD) had its price target lowered by analysts at JPMorgan Chase & Co. from $21.00 to $20.00. They now have a "neutral" rating on the stock.MarketBeat
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- 9/3/24 - Beat
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- PD's page on the SEC website