Banking sector bucked trend with job posting increase in Q1

Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.

The banking industry bucked the trend in the first quarter of 2025 to see a rise in job postings, whilst most of the job market saw layoffs, according to a report by GlobalData.

The banking and payment sector reportedly experienced a rise in postings, driven by companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa.

The technology sector also had a significant number of job postings during the first three months of 2025. Key themes driving hiring trends included artificial intelligence (AI), cloud, big data, cybersecurity, and social media.

Companies headquartered in Japan, France, and Spain had better growth in job postings compared to Q1 2024.

US-based firms led overall job postings. In contrast, onshore hiring declined for first based in Europe, the Middle East, and Africa, according to GlobalData.