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Text size [+][-]  Saturday March 20 2010GLOBAL EDITION

Considered view
27 Aug 2008 19:05

Not just leaves

Context News

National employment in the securities industry rose 0.4% between the first quarter and the second according to the US Bureau of Labor. The Bureau estimates nationwide securities employment fell 0.3% in July.

Separately, Lehman Brothers is prepared to eliminate 1,000 jobs according to a Bloomberg report.

Securities employment is highly volatile. Autumn is typically the season of sadness, as tightened budgets and competition for bonuses heats up. Horrid credit conditions and this summer’s spate of firings suggest the fall will bring much more bloodletting.

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More stories by:  Robert Cyran






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