U.S. securities industry employment rose by 1.2 percent in the second quarter of 2010, a slower improvement than that of overall employment, which rose by 1.9 percent.

In New York State, securities industry headcount increased by 800, or 0.5 percent; New York City gained 1,900 securities industry jobs, a 1.2 percent
increase.

The recent U.S. Department of Labor’s Bureau of Labor Statistics (BLS)1 reported a 0.6 percent increase in securities industry jobs in the tri-state area (Connecticut, New Jersey, and New York) in 2Q’10, compared to 3.1 percent lost in the previous quarter and 2.2 percent that were lost in 2Q’09.

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: Maria Victoria Barba