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press release

EmploymentCrossing.com Finds 125,000 Jobs in Financial Services Even as Expert Predicts “Slow Bleed” of Industry

May 14, 2013   |  PDF version  PDF version

Pasadena, California-   EmploymentCrossing.com has found 125,000 job openings in the financial services industry even as talk continues of a “continued slow bleed”.

Meredith Whitney, a banking analyst and CEO of the Meredith Whitney Advisory Group, in a Bloomberg Television interview has said that the job cuts on Wall Street will continue to be “stealth cuts”. The industry has eliminated hundreds of thousands of positions in recent years according to Whitney and although there still exists some growth, for most of the companies it is an anemic growth environment.

Job research website EmploymentCrossing.com however believes that there are still many opportunities for people working in the financial services industry since it tracks job openings from multiple sources – employer websites, industry publications and niche job boards among others.

CEO Harrison Barnes says on the subject, “Jobs in the financial services continue to be one of our top categories in terms of job openings. The sector has stayed in the top ten spot for the last six months.”

Another encouraging sign for Americans is that the layoff rate has fallen slightly. Layoffs by employers fell by 23 percent month-over-month in April 2013. In March 49,255 employees were laid off and in April the figure was 38,121.

For more details on the job openings according to the industry on the site: https://www.employmentcrossing.com/jobs/jobs.html.

About EmploymentCrossing:

EmploymentCrossing is part of the Employment Research Institute, which is one of the most powerful and comprehensive organizations dedicated to helping professionals find jobs that will enhance their careers. Employment Research Institute consists of 120+ of industry-specific and 120+ location-specific job boards which consolidates every job opening it can find in one convenient location. The website also offers a seventy two-hour free trial to new members.

CONTACT:
Andrew Ostler
EmploymentCrossing
626-243-1814
aostler@er.org
https://www.employmentcrossing.com

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