FinancialJobsWeb.com Sees 6.2% Drop In Job Postings in July 2015
Leading Financial Career Site, FinancialJobsWeb.com Shares Employment Trends from the Financial Jobs Industry.
Atlanta, GA (PRWEB) August 24, 2015
FinancialJobsWeb.com, the leading employment website for financial careers, reports an decrease of 6.2 percent in the number of financial job postings to its site for the month of July 2015 compared to the previous month.
July's decrease in the number of job postings marks a drop from the 2.7 percent increase reported for June 2015.
Contrasted against the employment website's decrease in job postings for the month of July, the U.S Bureau of Labor Statistics revealed the financial activities supersector's job growth was exactly in line with the month previous.
The Economic Situation report, released on Friday, August 7, 2015, revealed an increase of 17,000 jobs within the financial activities supersector for the month of July, with 10,700 jobs occurring in the finance and insurance sector and 6,000 jobs occurring within the real estate, rental and leasing sector. The supersector now sits at 8,140,000 jobs with an unemployment rate of 2.3 percent, a 1.3 percent decrease over the 3.6 percent reported in July 2014. Over the past 12 months, the supersector has added 156,000 jobs, with about half of the reported job gains occurring in the insurance carriers and related activities subsector.
Within the finance and insurance sector, insurance carriers and related activities added 9,600 jobs, an increase of 0.38 percent over June 2015. The securities, commodity contracts, investments, and funds and trusts sector also gained 2,600 jobs last month, while credit intermediation and related activities lost 1,500 jobs.
Within the real estate, rental and leasing sector, the rental and leasing services subsector gained 1,300 jobs, while real estate gained the most at 4,600 jobs. Lessors of nonfinancial intangible assets only increased by 100 jobs.
Across all industries, total nonfarm payroll employment increased by 215,000 jobs in July, while the unemployment rate remained at 5.3 percent. Over the last 12 months, employment growth has averaged 246,000 jobs per month. In July, job gains occurred in retail trade (+36,000), health care (+28,000), and professional and technical services (+27,000).
After revisions, total nonfarm payroll employment for the month of May and June were revised from 254,000 to 260,000 and 223,000 to 231,000 jobs, respectively. With these revisions, employment gains in May and June combined were 14,000 higher than previously reported. Over the past 3 months, job gains have averaged 235,000 per month.
FinancialJobsWeb.com is the leading jobs website for financial careers. FinancialJobsWeb.com is updated daily with thousands of employment listings. Users can create a profile, upload their resume, apply to positions and engage in our social communities. Employers can post financial job opportunities and browse a resume bank for applicants. Thousands of new financial jobs are listed each month by geographic location and specialty, including: asset management, commercial banking, investment banking, mergers and acquisitions, real estate, securities, wealth management jobs and more.
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