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United States: Job Trends in the Banking and Payments Sector (October 2023 - January 2024)

Industry: Banking and Payments
Current: Other Industry Indicators

The number of active job postings in the Banking and Payments sector of United States decreased by 6.73% MoM, and decreased by 15.39% since October 2023, reaching 91,894 active job postings in January 2024.
A total of 28,381 new jobs were posted in January 2024, witnessing an increase of 3.21% as compared to the previous month. On the other hand, 35,009 jobs were closed in the same month implying that companies took out 1.49% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 27.56% and the number of jobs closed decreased by 9.74%
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new jobs posted observed a negative growth rate of 10.19%, the number of active job postings observed a negative growth rate of 5.42% and the number of jobs closed observed a negative growth rate of 3.36%. Between October 2023 and January 2024, the average number of jobs posted stood at 32,227, number of jobs closed stood at 36,308 and number of active jobs stood at 101,396.