Aspen Technology Labs, Inc.

What were the best-paid hourly job titles in Q3? Below is a snapshot of the latest data on median salaries and job vacancies across various roles. With our wage data, you can easily compare salaries across job titles, markets, industries, and more. By leveraging these insights, organizations can optimize their compensation strategies, enhance employee satisfaction, and improve their ability to attract and retain top talent in a competitive job market. If you're ready to dive deeper into wage trends and insights, request a demo of WagePulse!

Curious about what’s happening in Colorado’s job market? We’ve got the insights! Our Q3 Job Report in partnership with The Colorado Chamber of Commerce is now live. Key highlights: - Job vacancies dipped by 0.2%, in contrast to the 0.5% growth seen nationally. This places Colorado behind 27 states in job market expansion, but some sectors saw strong demand—accounting jobs surged by 31%. - Full-time wages rebounded by 3.9% after a Q2 decline, though part-time wages had only slight gains. Despite this progress, Colorado’s rank in state salary standings slipped from 15th to 13th. Access the full report below to dive deeper into the latest trends with us. #JobMarket #ColoradoChamberOfCommerce #LaborMarketTrends

Since our last post on Boeing’s labor market activity, the company has experienced an even more significant decline in job vacancies, signaling further workforce reductions and operational shifts. Boeing has seen an 88.4% year-over-year drop in job vacancies. At present, the company has just 284 open positions—a strikingly low figure for a business of its size. The number of job openings fell below 1,000 more than a week before the strike by 33,000 workers began on September 13, bringing operations to a near halt. The most dramatic decreases in job openings occurred between September 17 and September 23, with the number of vacancies falling below 250. On October 12, Boeing announced that over the coming months, it will reduce its workforce by a tenth, cutting 17,000 jobs.The company is also delaying production of its 777X plane. Want deeper insights into labor market trends? Get in touch.

Our Q3 Jobs Report is here, and we’re excited to share key insights from the latest trends! - 0.5% Increase in US Job Vacancies: From July 1 to-Sept 30 2024, job openings across the nation saw a slight but notable rise. - 1.5K Annual Increase in Full-Time Median Salary: Full-time salaries are up, while part-time wages remained unchanged this quarter. - 42.9% of vacancies now have salary data availabile: A 2.2% increase in salary transparency compared to last quarter. - 41K New Employers Added: Our growing database has welcomed over 1 million new job listings from these employers. - 18.5% YOY drop in CPC rates (for advertisers) in the Retail sector Download the full report: https://bit.ly/3DOE8B7

In the past year, global market benchmarks have shown mixed performances as economic pressures continue to shape investor sentiment. Here’s how job posting data from companies included in the three major indexes stack up when compared to a year ago: - FTSE 100: -12.2% - Russell 1000: -5.9% - S&P 500: -3.9% While all three have seen declines, the FTSE 100 has been hit the hardest, reflecting a tougher economic environment in the UK. The Russell 1000 and S&P 500, though down, have weathered the storm slightly better, with the S&P 500 showing the smallest drop. Understanding these shifts is crucial for businesses and investors. Want to dive deeper into what’s driving these movements? Let’s chat. #FTSE100 #Russell1000 #SP500 #MarketTrends #Investing #FinancialMarkets

🚨 2024 Q3 U.S. Labor Market Report is out! 🚨 We’re seeing continued recovery in the job market this quarter, with listings ticking up by 0.5% QoQ—though still down 4.5% YoY. The market remains in a “period of revision,” but there are promising trends: full-time salaries and salary transparency are rising. 📊 Job listing growth varied regionally—Vermont and New Hampshire are up 10%, while Maryland saw a 7% drop. Curious to dive deeper? Check out the full report for all the insights! #LaborMarketIntelligence #JobMarketTrends #SalaryTransparency

How’s the job market for marketers right now?  If you're curious, download our Q3 Jobs Marketing Report, created in partnership with  Taligence! The report highlights several key trends impacting the marketing landscape, including: - The impact of AI on marketing roles  - The evolving role of remote work  - The growing focus on salary transparency  - And much more! Read the full report here: https://lnkd.in/gM6aUUg2 #USJobMarket #MarketingJobs #JobReport

On October 14, the number of job openings at Facebook's parent company, Meta, decreased by 30%, falling from 1,243 to 861. This marked the first time the figure had dropped below 1,000 in 2024. Approximately two-thirds of the eliminated positions were based in the U.S., with the UK and Ireland being the second and third most affected countries. In particular, Meta removed over 150 engineering positions, 65 AI-related research scientist or research engineer roles, and more than 10 data science job openings. In 2022-2023, the technology giant underwent a series of layoffs as part of its so-called "Year of Efficiency." By the end of 2023, the company had about 67,317 employees, a 22% reduction compared to the previous year. Meta has not announced any major layoffs for 2024, and its workforce grew slightly, reaching 70,799 employees by June 2024. In April, Chief Financial Officer Susan Li stated that the company expected to end 2024 with a "meaningfully higher" headcount than at the end of 2023. Meta is scheduled to report its Q3 2024 earnings in less than two weeks, on October 30. #Meta #JobCuts

As we delve into the hiring trends within the GRANOLAS sector—comprising leaders in pharmaceuticals, biotechnology, and consumer goods—it's clear that this industry is navigating a dynamic landscape. Here are some key insights: - Growth Leaders: SAP's impressive +146.5% increase highlights its commitment to innovation and expanding its workforce in the tech-driven market. Similarly, LVMH's +50.6% growth showcases the ongoing demand for luxury goods and retail talent. - Challenging Times: On the flip side, Novo Nordisk and AstraZeneca face hiring declines, reflecting potential strategic shifts or market challenges. As companies adapt to a rapidly changing environment, understanding these hiring trends can help identify opportunities for growth and collaboration within the industry. Want more insights into specific companies' hiring trends? Get in touch! We can set up alerts to notify you of major shifts in the market, so you're always informed and ready to act.

🚀 UK Labour Market Trends - October Update! 🚀 Brought to you by JobMarketPulse, a product of Aspen Technology Labs, this monthly snapshot dives into the latest insights on the UK job market and salary trends. 🌍💼 With access to over 10M active and 185M historical job listings globally, we’ve got you covered.