Aspen Technology Labs, Inc.

As the electric vehicle (EV) market continues to evolve, we’ve been closely tracking which employers are leading the change in hiring. This month’s EV jobs update is here, featuring the latest job openings and key insights into current market trends. Curious about how the landscape has shifted? We’ve analyzed the top employers hiring now and compared their number of vacancies from a year ago to those posted this week, offering a clear picture of the growth and changes in the market. Ready to dive deeper? Contact us today to be added to our monthly EV insight distribution list!

We’re thrilled to announce the release of our U.S. Wage & Salary Trends newsletter, powered by WagePulse! Each month, we’ll bring you the latest updates on wage and salary trends across the U.S., covering everything from salary transparency to the highest-paying jobs and industries, sectors experiencing the fastest wage growth, and the nationwide median pay. What sets this report apart? The salary data comes exclusively from job postings, collected daily and directly from corporate career sites. This approach offers a unique, real-time view of wage trends in the market, providing invaluable insights into current wage dynamics. Sneak peek: Here’s a glimpse at the categories and job titles currently leading in full-time salaries. Want to stay informed on real-time wage and salary trends? Get in touch to join our mailing list today!

This morning, we teamed up with Job Boards Connect for an exclusive live stream featuring an in-depth overview of JobsIndex, presented by our Senior Product Manager, Isabelle Woodrow. JobsIndex is the world's largest database of live job postings, drawing from over 185,000 employers globally. Some key use cases include: 1. Organic backfill for job boards 2. Immediate jobs content for new job boards 3. Lead generation by identifying companies hiring right now Watch the video below to learn more and see how JobsIndex can empower your strategy. #JobsIndex #JobBoardsConnect #WhosHiring

As part of our ongoing analysis, we've been closely monitoring employment trends across major companies, and recent developments at General Motors have caught our attention https://reut.rs/4dBWO7k. According to a recent report, GM has laid off over 1,000 salaried software and services employees. This decision comes amidst a noticeable slowdown in hiring activity, particularly within the software engineering sector. What we're tracking in our data directly correlates with these changes. Imagine having real-time insights into these shifts before they make headlines. With our data, you can monitor employment trends, predict market movements, and set up real-time alerts for specific organizations. Don’t wait for the news—be the first to know. #EmploymentTrends #JobMarketInsights #DataDrivenDecisions

We’ve been tracking an exciting shift in the job market over the past year. As companies prioritize salary transparency, we're seeing a significant year-over-year change in vacancies that include salary information. July 2023: 28.1% of job postings included salary data. July 2024: That number has surged to 40.7%! This 12.6% increase highlights the growing importance of transparency in attracting top talent. Candidates want to know their worth, and companies that openly share salary information are leading the way. Are you ready to stay ahead in this competitive job market? Explore how Aspen Tech Labs can help you leverage this trend for your recruitment strategy.

Last week, the BLS revised its annual benchmark downward by 818,000 jobs, a significant 30% decrease from what was initially reported for the 12-month period from March 2023-March 2024. But here’s the key takeaway: Aspen Technology Labs Job Market Data remains unchanged. We focus on daily job posting data from over 100,000 corporate career sites. While BLS data tracks "nonfarm payroll employment," our focus on job postings offers a unique perspective. Increased job postings might suggest more employment opportunities, but they don’t directly correlate with payroll numbers. We also keep a close eye on the Job Openings and Labor Turnover Survey (JOLTS), another essential government report, though it’s released with a one-month delay. Like BLS data, JOLTS is survey-based and subject to revisions, highlighting the challenges of relying solely on government data. Our data, with its daily updates and specific focus on job postings, aims to provide a timely, consistent, and reliable view of employment trends. Have more questions about our data set? Get in touch. #BLSUpdate #EmploymentData #JobMarketTrends

Knowledge is power. And knowledge comes from data. Our business started as a web scraping service, but as our data repository grew, we recognized there was value in the data itself. Today, we not only fuel job boards, we also help businesses make high-stakes decisions and provide essential services thanks to our near-real-time labor market data. Here are four examples: https://bit.ly/4dV3Bsz

EPAM Systems is significantly increasing hiring: our jobs database reveals an impressive 120.9% increase in job openings, rising from 2,450 positions a year ago to 5,412 as of August 19 (weekly data). EPAM is particularly ramping up hiring in India, where their workforce can reach 15,000 in the next few years. Over the same period, EPAM’s stock price declined by 15.9%, but the company recently beat quarterly profit and revenue estimates as companies around the world are increasingly adopting cloud services and deploying AI applications. #ITServices #DigitalTransformation #Hiring #AI #CloudComputing #EPAMSystems

Did you know the median full-time salary in the U.S. is $57,200? Curious how salaries stack up across different states? Check out the color-coded map from our Q2 Job Market report that reveals how each state’s median salary compares to the national average. This visual insight is key for industry professionals and business aiming to understand regional salary trends and make informed comp decisions. If you are looking for a deeper understanding on wages for specific locations, job titles, or industries, book a free demo of our Wage Benchmarking tool today https://bit.ly/46TYDdt! #SalaryInsights #JobMarketData #HRTrends

The workforce is transforming in 2024, driven by new salary transparency laws, a strong demand for remote work, and prolonged job vacancies in key sectors. HR departments play a pivotal role in navigating these changes and shaping the future of work. Explore how HR leaders can respond to these trends and stay ahead of the cure with actionable insights. Read our latest article to learn more: https://bit.ly/46SS4rq #HRTrends #WorkplaceEvolution #JobMarketData