The U.S. securities industry shed more jobs in December, with total employment falling for a fourth straight month to its lowest since May 2007, according to government data.
The Bureau of Labor Statistics said the number of people employed in dealing securities, commodities and investments fell to 842,600 people at the end of December.
The latest figure represents a 3.1 percent decline from the industry's record high of 870,000 U.S. jobs last June, according to data collected by the Securities Industry and Financial Markets Association.
The BLS in the December report also said U.S. joblessness in all financial activities surged to 540,000 in December from 315,000 a year earlier.
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