New York City may have Wall Street, but it’s not the only city with promising career prospects for finance professionals. If you’re looking to get out of New York, or kick off your career in a different location, these are the six best cities for finance jobs outside of the Big Apple. Boston New York isn’t the […]
Industry News
March Jobs Report Adds 98,000 Jobs to Payroll
The March jobs report fell far short of expectations, adding only 98,000 to non farm payrolls this month. Economists were predicting around 180,000 jobs on average. Although at first glance this may indicate a weak economy, the jobs report wasn’t all disappointing. A drop in the unemployment rate and jobless rate were the highlights of the March […]
February Jobs Report Blows Past Expectations
The Bureau of Labor Statistics released the February jobs report on Friday, which blew past estimated projections. Instead of the median forecast of 200,000 by Bloomberg’s survey, the U.S. economy added 235,000 jobs to payrolls for the month. The February jobs report continued the streak of adding more jobs than economists expected. Construction, private educational services, manufacturing, healthcare and mining drove […]
January Jobs Report Sets Precedent for 2017
It’s been a big month for the U.S. economy. History was made when the Dow hit 20,000 on January 25th, a mere five days after a new president was installed into the oval office. The streak continues with the first jobs report of 2017, overshooting projections by a massive 47,000 jobs. Median projections called for 180,000 jobs to […]
Rates traders are in for a big bonus season
Bonuses on Wall Street this year have left a lot to be desired. Pools have been shrinking since the financial crisis and 2017 has no plans to reverse the trend. One division is in for a pay bump though – rates traders. Traders had a phenomenal 2016 with a revenue of $1 billion for the first nine […]