Below is a long term chart of US employment in the financial sector. As a percentage of total workforce, financial services actually peaked in 1986 at 6.27%.
Thursday, September 20, 2012
Financial Sector Employment
Bank of America announced that it would cut 16,000 more jobs today in order to continue to cut costs amid a weak environment for financial services businesses. The announcement adds to the continued attrition of financial sector jobs: since 2006, the financial sector has lost a total of 600k jobs.
Below is a long term chart of US employment in the financial sector. As a percentage of total workforce, financial services actually peaked in 1986 at 6.27%.
Below is a long term chart of US employment in the financial sector. As a percentage of total workforce, financial services actually peaked in 1986 at 6.27%.
No comments:
Post a Comment
For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.