8,000 Financial Jobs Added in November

Posted by — December 29, 2017 in Business comments off 3

The financial sector has added a monthly average of 11,600 jobs so far this year.

ATLANTA

The financial industry added 8,000 jobs in November according to the Bureau of Labor Statistics’ Economic Situation Report released on Friday, December 8, 2017.

“November’s employment gains in the financial industry is comparable to October’s gain of 7,000 jobs,“ said Jay Rollins, owner of FinancialJobsWeb.com, a leading career site specializing in financial job postings. “The financial sector has added a monthly average of 11,600 jobs so far this year.”

The financial activities supersector, which includes employment data from the finance and insurance sector and the real estate, rental and leasing sector, now sits at 8,492,000 employed workers. “Unemployment dropped to 2.1 percent in November, the lowest it’s been since May 2016.”

The finance and insurance sector lost 400 jobs in November; securities and commodities gained 2,700 jobs, while insurance and credit intermediation lost 2,300 and 800 jobs, respectively. Since the beginning of the year, the finance and insurance sector has gained 98,000 jobs.

The real estate sector gained 8,300 jobs; real estate added 4,700 jobs, while rental and leasing services added 3,600 jobs. Since the beginning of the year, this sector has added 59,100 jobs.

Across all industries, total nonfarm payroll employment grew by 228,000 jobs in November, while the unemployment rate and the number of unemployed persons held at 4.1 percent and 6.6 million, respectively. Employment gains for the month largely occurred in professional and business services, manufacturing, and healthcare.

About FinancialJobsWeb.com:
FinancialJobsWeb.com is the leading jobs website for financial careers. FinancialJobsWeb.com is updated daily with thousands of employment listings. Users can create a profile, upload their resume, apply for positions and engage in our social communities. Employers can post financial job opportunities and browse a resume bank for applicants. Thousands of new financial jobs are listed each month by geographic location and specialty, including asset management, jobs in commercial banking, investment banking, mergers and acquisitions, real estate, securities, wealth management and more.

Powered by WPeMatico

You might like

Best Press Release Distribution Services in 2020

KIRA To Celebrate Knowledge And Innovation In NB

First NB Solar Farm Comes Up In Sussex

NB Minimum Wage Hike From April 1st

Access Open Minds Gets $360,000 From Medaive

5,100 New Jobs Added By NB In February

About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
%d bloggers like this: