Notably, Office and Administrative Support Occupations jobs accounted for an 18% share of the US banking and payments industry new job postings in Q2 2024, up by 24% over the prior quarter.

Office and Administrative Support Occupations drive banking and payments industry hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Office and Administrative Support Occupations, which accounted for 18% of the total new job postings in Q2 2024 and were up by 5% year-on-year. Second highest were Management Occupations, which accounted for 16% and drop by 15% year-on-year, and third highest were Business and Financial Operations Occupations, which were 15% of the new job postings and 13% lower year-on-year.

Top five companies in banking and payments industry accounted for 21% of hiring activity

The highest number of jobs were posted by JPMorgan Chase & Co with 8,423, followed by Wells Fargo & Co with 4,893, while the highest increase was at Citigroup at 6%.

For further understanding of GlobalData's Banking & Payments: Hiring Trends & Signals Q2 2024, buy the report here.

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