The securities industry added 4,000 jobs across the United States in the second quarter, according to the Securities Industry and Financial Markets Association.
Total employment reached 811,800 persons, the highest since April 2009, when the workforce was waning in the ripple effect of the global financial crisis.
That follows, SIFMA said, an increase of 1,650 jobs in the first quarter.
Employment in the securities industry still is 7.2% below its all-time high of 874,500 in June 2008, SIFMA said. But it has rebounded 2.0% from the post-crisis low of 795,600 jobs in March 2010.
The 0.5% growth, however, is below general employment growth of about 1.7%. SIFMA relies on figures from the U.S. Department of Labor’s Bureau of Labor Statistics.
Connecticut, New Jersey, and New York, which accounts for one third of, or 262,700, securities industry positions nationwide, accounted for half of the jobs created in U.S. securities industry in the second quarter.
Securities industry employment in New York State increased by 2,000 jobs (1.1%), driven solely by growth outside of NYC.
Employment in New York City itself fell 900 jobs, to 168,100 positions.
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