Job openings bounced in October on need for IT workers [Yahoo! Finance]
ZipRecruiter, Inc. Class A (ZIP)
Company Research
Source: Yahoo! Finance
Job openings increased to 7.7 million from 7.3 million in September, the Labor Department reported Tuesday, with tech and information sector openings jumping to their highest level since 2022 at 208,000 available positions. October quits came in at 3.3 million, up from 3.1 million in September and 3.2 million in August. Quits were still down on the year from the 3.6 million in October 2023. Layoffs dropped to 1.6 million from 1.8 million in September and stayed about the same compared to last year. Despite the increase in new positions to be filled, new hires were down on the month, falling from 5.6 million in September to 5.3 million. “A robust rebound in job openings suggests limited lingering aftershocks to labor market activity following October's double-whammy of storms and strikes,” Noah Yosif, chief economist at the American Staffing Association, said in a commentary. Economists were struck by the jump in IT openings as well as by the record-low number of layoffs in
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ZIP
Earnings
- 11/6/24 - Beat
ZIP
Analyst Actions
- 11/7/24 - UBS
ZIP
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- ZIP's page on the SEC website