Sunday, June 5, 2011

FINS: Finance Sector Adds Jobs in May, But Don't Get Too Excited

FINS brings us down to earth on expectations for the finance industry.
While the sector has added jobs every month since February, the industry "isn't out of the woods just yet," said Nariman Behravesh, chief economist at IHS Global Insight...There's uncertainty on the regulatory side and a weak demand for loans, he said, so because activity levels are fairly weak, he doesn't expect a huge surge in job creation.

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