Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

ZIPRECRUITER, INC.

(ZIP)
  Report
Delayed Nyse  -  04:00:02 2023-06-02 pm EDT
16.16 USD   +2.41%
05/31ZipRecruiter, Inc. Reaffirms Revenue Guidance for the Second Quarter of 2023
CI
05/31ZipRecruiter, Inc. Plans to Reduce its Global Headcount by Approximately 270 Employees
CI
05/31US labor market remains resilient as job openings climb, layoffs drop
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ZipRecruiter : Pennsylvania Saw the Lowest Number of Layoffs in the Nation's History

02/17/2022 | 08:01pm EDT

Only 1.1 million people - 0.8% of all U.S. employees- lost their jobs in December, according to the nationwide Job Openings and Labor Turnover survey. That is the lowest number of people laid off in one month on record .

Now, with the latest State JOLTS report released this morning, we know where workers face the lowest chance of being laid off and are experiencing the most job security:

Workers in Pennsylvania have the highest degree of job security in the country, with the record low layoffs in the nation's history

  • Pennsylvania (0.2%), Connecticut (0.4%), New Jersey (0.5%), Maine (0.6%), Massachusetts (0.6%), New Hampshire (0.6%), and New York (0.6%) saw the lowest number of their employees laid off or terminated in December, the lowest share across the nation and in their history.
  • Given the trouble businesses are experiencing finding and attracting new hires, many feel they cannot afford to lose the workers they have. That means workers have more job security than ever before.

Workers in Alaska and Wyoming have the most job opportunities across the nation.

  • In December, Alaska (9.3%) and Wyoming (8.9%) were punching above their weight when it came to generating opportunity. They recorded the highest job openings rates in the nation-more than 2 percentage points higher than the national average of 6.8%.
  • Nurses, drivers, and food workers were in highest demand in those states as a result of an intense need in healthcare and food services. These numbers still do not reflect the Omicron effect on labor demand. We expect the already high demand for healthcare workers to skyrocket in upcoming months, making it even tougher for hospitals and healthcare providers to keep up with public needs.

Employers in Alaska, Vermont and Georgia are dealing with the highest churn rates

  • December was one of the toughest months for employers in Alaska, Vermont, and Georgia in terms of labor shortages. Alaska recorded the highest churn in the country, more than one and a half times higher than the national average. They are losing their workers to other firms at rates never seen before.
  • The high churn in Vermont and Georgia are not the only problem. Businesses are also struggling to attract new talent. Both rank in the top 6 states with the highest number of job openings per unemployed person. There are currently 3.3 vacancies per unemployed in Vermont and 2.8 in Georgia.
  • When it comes to tough labor shortages, employers in Nebraska are betting against the toughest odds in the country. With labor force participation still stalling and job openings remaining high, there are currently 4 job openings per unemployed person in the state, making it increasingly challenging for firms to attract talent.
  • Slow population growth, low immigration rates, and hesitancy to get back to work due to Covid concerns have been a drag on the number of people willing to work over the last 2 years. All of these factors are making it harder, and more costly, for employers to fill the monumental number of job openings.

Disclaimer

ZipRecruiter Inc. published this content on 17 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 01:00:04 UTC.


ę Publicnow 2022
All news about ZIPRECRUITER, INC.
05/31ZipRecruiter, Inc. Reaffirms Revenue Guidance for the Second Quarter of 2023
CI
05/31ZipRecruiter, Inc. Plans to Reduce its Global Headcount by Approximately 270 Employees
CI
05/31US labor market remains resilient as job openings climb, layoffs drop
RE
05/31US labor market remains resilient as job openings climb, layoffs drop
RE
05/24Transcript : ZipRecruiter, Inc. Presents at 51st Annual J.P. Morgan’s Gl..
CI
05/17ZipRecruiter to Participate at Upcoming Investor Conferences
BU
05/10Goldman Sachs Adjusts Price Target on ZipRecruiter to $21 From $26, Maintains Buy Ratin..
MT
05/10Raymond James Adjusts Price Target on ZipRecruiter to $22 From $26, Maintains Outperfor..
MT
05/10Barclays Adjusts Price Target on ZipRecruiter to $18 From $22, Keeps Overweight Rating
MT
05/10ZipRecruiter's Q1 Earnings, Revenue Decline; Issues Q2 Revenue Guidance
MT
More news
Analyst Recommendations on ZIPRECRUITER, INC.
More recommendations
Financials (USD)
Sales 2023 697 M - -
Net income 2023 55,6 M - -
Net cash 2023 248 M - -
P/E ratio 2023 33,2x
Yield 2023 -
Capitalization 1 631 M 1 631 M -
EV / Sales 2023 1,98x
EV / Sales 2024 1,99x
Nbr of Employees 1 400
Free-Float 52,3%
Chart ZIPRECRUITER, INC.
Duration : Period :
ZipRecruiter, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ZIPRECRUITER, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 16,16 $
Average target price 19,00 $
Spread / Average Target 17,6%
EPS Revisions
Managers and Directors
Ian Siegel Chairman & Chief Executive Officer
David Travers President
Timothy Yarbrough Chief Financial Officer & Executive Vice President
Boris Shimanovsky Chief Technology Officer
Qasim Saifee Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
ZIPRECRUITER, INC.-1.58%1 631
SEEK LIMITED12.51%5 529
VISIONAL, INC.-13.30%2 092
DIP CORPORATION-6.33%1 411
MEDLEY, INC.30.53%1 183
EN-JAPAN INC.0.74%729
1 MarketScreener is worth more than 1000 Influencers!
100% Free Registration
fermer