Hiring just hit a level not seen since the economy was ‘closed down literally' during COVID, top economist says [Yahoo! Finance]
ZipRecruiter, Inc. Class A (ZIP)
Company Research
Source: Yahoo! Finance
They're simply just not getting hired, and the numbers haven't been this bad since the pandemic closed the economy by force. The Bureau of Labor Statistics reported Tuesday the hiring rate fell to 3.1% in February, with just 4.8 million hires, the lowest since April 2020. Job openings dropped to 6.9 million, down 358,000 from January. The quits rate held at a low 1.9%, while layoffs also stayed pinned at 1.1%, and retirements fell back near record lows. Everyone, it seems, is staying put , whether in their jobs or in unemployment. “It's a brutal job market,” Heather Long, chief economist at Navy Federal Credit Union , told Fortune . “To see that 3.1% hiring rate, the lowest since April 2020, when the economy was closed down literally during COVID—it just underscores how little hiring is going on.” The comparison to 2020 is what makes this report so jarring. Back then, hiring collapsed because businesses were physically shuttered. Today, unemployment is around 4% and businesses a
Show less
Read more
Impact Snapshot
Event Time:
ZIP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZIP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZIP alerts
High impacting ZipRecruiter, Inc. Class A news events
Weekly update
A roundup of the hottest topics
ZIP
News
- ZipRecruiter (ZIP) is now covered by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>. They set a "sell (e+)" rating on the stock.MarketBeat
- The job market is so tough, young people are struggling just to land internships [Yahoo! Finance]Yahoo! Finance
- The job market is so tough, young people are struggling just to land internships [CNN]CNN
- The job market is so tough, young people are struggling just to land internships [CNN]CNN
- The job market has been whipsawing from gains to losses for almost a year. Get used to it. [Business Insider]Business Insider
ZIP
Earnings
- 2/25/26 - Beat
ZIP
Sec Filings
- 4/7/26 - Form 4
- 4/3/26 - Form 4
- 3/27/26 - Form SCHEDULE
- ZIP's page on the SEC website