Jobs Returning to Wall St. (if Not Main St.)

Banks and brokerages make with the hiring
By Kevin Spak,  Newser Staff
Posted Mar 30, 2010 10:14 AM CDT
In this Aug. 7, 2006, file photo, a Wall Street street sign is seen in front of flags at the New York Stock Exchange.   (AP Photo/Mark Lennihan, File)

(Newser) – Who says the job market’s in trouble? Not Wall Street, which after nearly two years of layoffs is in the middle of a bona fide hiring boom. Though the number of financial employees in New York fell by 2,800 in February, that loss comes after two straight months of gains, and many firms say they’re planning to hire more in the near future.

It’s not just top level positions filling up, either; in a recent survey, 75% of Wall Street firms said they planned to hire more recent graduates in the coming months. “At the end of last year there was a lot of hiring talk but firms were still reluctant,” one recruiter tells Time. “Now there is activity. Employers seem much more secure that the market is in recovery.”

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