The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) estimated national securities industry employment decreased by 0.1 percent in September and 1.2 percent in the third quarter of 2009 as a whole.1 Securities industry employment in New York State increased in September by 0.3 percent or 600 jobs, while New York City securities employment decreased by 0.1 percent or 100 jobs. For the third quarter, New York State and New York City securities employment decreased by 1.1 percent and 1.6 percent, or 2,100 and 2,700 jobs, respectively.

About the Report

The securities industry employment report tracks trends of industry employment, with a greater focus on New York State and New York City giving a perspective using quarter-over-quarter and year-over-year data.

Credits

SIFMA Research

• Managing Director, Director of Research: Kyle Brandon
• Research Analyst: Paul Rainy