U.S. bank’s IT hiring activity increases 2.6% in August 2022

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According to GlobalData’s Job Analytics database, IT hires at US-based US Bank rose 2.6% in August 2022 from the previous month.

The company’s overall hiring activity increased 17.75% in August 2022 compared to July 2022.

IT jobs accounted for a 26.75% share of the company’s total hiring activity in August 2022 and were down 3.84% from the average share for the past three months.

Software and web developers, programmers and testers lead US banking IT hires in August 2022

Of the total number of IT job titles posted by US banks, software and web developers, programmers and testers emerged as the top occupation, registering a share of 70.48% in August 2022 and an increase of 49.31% from July 2022, while Database & Network Administrators & Architects claimed a 17.96% share in August 2022 and saw growth of 18.64%. Various IT occupations held a 7% share in August 2022, a 760% increase from July 2022.

North America boosts IT hiring at US Bank

North America became the top region for global banking and payments IT hiring activity in August 2022 with a share of 99.67%, which marked a 56.34% increase from compared to the previous month.

Europe followed with 0.33%, recording a 53.85% decline month-on-month.

The United States held a leading position in hiring activity in the banking and payments sector in the region with a share of 98.05% in August 2022, a growth of 56.59% compared to July 2022. Mexico was next with a 1.52% share, up 40% from the previous month. Poland recorded a share of 0.11%, down 50% from July 2022.

Junior-level jobs lead hiring activity in US banking’s IT sector in August 2022

Junior-level jobs held a 50.52% share, up 70.51% from July 2022. Mid-level positions with a 48.07% share, up 52.5% from July 2022. compared to the previous month.

In third place were entry-level vacancies with 1.36% market share, down 59.02% from July 2022, while senior vacancies accounted for 0.05%, registering stable month-on-month growth.

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