The financial sector rebounds in 21 states
A study released today by The Business Journals shows that employment in the financial sector has rebounded in 21 states, but New York isn't one of them.
In fact, the survey found that New York has lost 64,400 financial-services jobs in the past 10 years. California, with its decline of 70,600 jobs over the past decade is the only state to lose more.
The study shows that 21 states have more financial jobs today than in 2001, led by Texas, which had an increase of 47,200 financial positions, and North Carolina, which saw a gain of 10,500. South Carolina was close behind with an increase of 10,000 financial jobs in the last decade.
Meanwhile,29 states and the District of Columbia have fewer financial jobs today than a decade ago. Washington state lost 6,300 financial sector jobs in past 10 years, which saw the demise of Washington Mutual three years ago.