In the United States, there has been a surge in demand for finance-related jobs as global banks and financial institutions are actively hiring. Meanwhile, the tech industry has seen significant layoffs since 2022, with companies such as Amazon, Meta, and Google’s parent company Alphabet reducing their workforce following COVID-19 lockdowns.
Despite the challenges faced by the tech industry, the finance sector in the U.S. is thriving with high-paying job opportunities after the COVID-19 era. Nine of the Fortune 25 financial firms have been recruiting for various positions, including Macquarie Group, Morgan Stanley, JPMorgan Chase & Co., and Goldman Sachs.
The quick recovery of the market after the COVID-19 lockdowns is driving the boom in finance-related jobs in the U.S. Tech giants suffered losses during the lockdowns, especially due to the decline in the Metaverse segment. Companies like Meta invested heavily in the Metaverse but later abandoned the project, leading to job cuts.
While tech companies have scaled back on hiring, finance firms are offering competitive salaries to attract top talent. The involvement of financial institutions in the Bitcoin ETF sector is also contributing to the demand for finance-related jobs.
Overall, the finance sector’s role in economic growth, job creation, risk management, and international trade is driving the demand for skilled professionals in