Saturday, November 01, 2008

Expected Job Loss Stats: Financial Market Jobs

Per efinancecareers.com:

2009 - New York: Additional job losses: 30,000 positions

2009 - London: Additional job losses: 34,000 (after 28,000 total in 2008)

For the entire article, click here.

Advice for Wall Street Pro's Seeking Work

In a recent on-line issue of the Wall Street Journal's CareerJournal, an article titled "Where the Jobs Are for Wall Street Pro's" makes several suggestions of promising places to look:

  1. Small and middle-market investment banks, many of which are looking to expand and take advantage of the outflow of talent from the larger investment banks.

  2. Financial Communications

  3. Wealth Management

  4. Risk Management - The Bureau of Labor Statistics estimates that the number of financial risk management jobs will increase 13% by 2016
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