Tech sector propelled by banking & finance, data analytics back in demand and infrastructure jobs still lagging
The state of the tech job market
If you’re looking for a job in banking or finance, the door is wide open. For much of the rest of the white-collar job market—especially tech—the welcome mat is looking worn. Recent job-posting data paints a split-screen picture of the post-pandemic hiring landscape: a few sectors charging ahead at full speed, others still stuck in the slow lane.
The sector appears to be riding a wave of strength—job postings are soaring, reportedly up 40 percent or more compared with pre-COVID benchmarks. This surge is not merely numerical: heavyweight institutions like JPMorgan Chase, PNC, and Visa are leading the charge, ramping up recruitment in areas such as AI, cybersecurity, big data, and cloud technologies, essentially reframing banks as tech-forward hubs rather than just financial strongholds. This momentum echoes a broader phenomenon: banks are increasingly marketing themselves as attractive career destinations, offering stability, competitive pay, and real-world involvement in cutting-edge tech, making them appealing even to graduates who might once have dreamed only of Big Tech.
Behind the banking boom, project management roles remain firm—steady, consistent, and clearly in demand. Data and analytics positions are gaining ground too, edging closer toward regained footing relative to pre-pandemic levels.
The remainder of the tech job market tells a more muted story. Media & communications and IT infrastructure roles linger about 30 percent below their pre-pandemic baselines. Even software development and systems & solutions, despite recent upticks, remain a distance away from what one might call “booming demand.”
These patterns fit into a larger labor-market puzzle. Across white-collar sectors, job postings have tumbled, dropping nearly 13 percent year-over-year between Q1 2024 and Q1 2025, with IT, software, and business analyst roles among the hardest hit.
In a nutshell:
Banks have become tech magnets: With aggressive hiring in technology-savvy roles, they’ve outflanked traditionally more glamorous tech recruiters.
Project management and analytics are on firmer footing: Organizations still need navigators to drive projects and decode data, even as hiring in other tech areas cools.
Many tech jobs remain under pressure: From media and infrastructure to core software roles, most categories haven’t kept pace with the recovery.