The Finance Whisperer
Accounting Jobs are on the Rise
Concerned about the lack of hiring in the finance and banking sector? Consider switching over to the accounting profession! More and more positions are becoming available at both public accounting firms and companies in need of in-house accountants. According to the Bureau of Labor Statistics, careers in accounting are expected...
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Accounting Jobs are on the Rise
Concerned about the lack of hiring in the finance and banking sector? Consider switching over to the accounting profession! More and more positions are becoming available at both public accounting firms and companies in need of in-house accountants. According to the Bureau of Labor Statistics, careers in accounting are expected...
OneWire
Exercise and Your Boss
Do you have a mean or aggressive boss? See if you can get them to go to the gym! A recent study determined that managers who exercise for even a half-hour once or twice a week are significantly less likely to treat their employees harshly. In the study, 98 employees...
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Jobs in Finance - Playing Catch Up
Despite the positive employment outlook for January reported last Friday, it seems Wall Street employers still have a bit of catching up to do. In total, the number of jobs in financial services dropped by 5% in January. Within financial services, the greatest decline was for jobs in finance and...
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More Technical and Specialized Management Positions
A recent trend has become apparent among companies’ executive teams—engineers and other technical managers are becoming more prevalent in top management, while executives with backgrounds in business are decreasing in numbers. Titles like “chief operating officer” are appearing less often, yet management teams have doubled in size in the past...
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The U.S. Economy Adds 170,000 Jobs
ADP announced today that the private sector added 170,000 new jobs in January, a figure that came in below most economists’ predictions. The number reveals that hiring slowed in January, after 292,000 jobs were added in December. Interestingly enough, over half of the companies who hired in January were in...
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Finding a Finance Job in 2012
2011 was a tough year for finance professionals—there were layoffs at virtually every major bank, bonuses came up short, and very few people saw raises. HSBC and Bank of America are in the midst of cutting around 30,000 jobs globally, while other big names like JPMorgan, UBS, and Credit Suisse...
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Celebrities with Backgrounds in Finance
Who knew that beginning a career in finance could lead to such a variety of career paths! Check out this list of celebrities who held jobs in financial services: 1. Whoopi Goldberg: Whoopi Goldberg held jobs as a bank teller, bricklayer, and even a cosmetologist at a mortuary before becoming...
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Top 5 Best Paying Companies
Looking to work at a top-paying company? You may be surprised to learn who makes the list! Check out the 5 best-paying companies in the U.S.: 1. Southern Ohio Medical Center Best for: Physician Average total pay: $490,647 2. Bingham McCutchen Best for: Associate Average total pay: $228,851 3. Alston...
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Most Popular Majors for the Top 1%
There’s been a lot of publicity surrounding America’s wealthiest 1% these past few months, leading a lot of people to speculate as to how those people made it to the top. According to the U.S. Census Bureau, there are several undergraduate majors that have the highest proportion of future one-percenters....
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Dow and S&P Close at Their Highest Levels Since July
Today, both the Dow Jones industrial average and the S&P 500 closed at their highest levels since July—the Dow rose 70 points, and S&P added 11. Economists claim that the increase can be attributed to the optimism surrounding Europe debt solutions and gains in global markets. Bank of America led...
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December Unemployment Rate Drops to 8.5%
The national unemployment rate has decreased yet again! According to the U.S. Department of Labor, the economy added 200,000 jobs in December, causing the unemployment rate to drop to 8.5% from 8.6% the previous month. More specifically, private companies added 212,000 jobs and the public sector lost 12,000. Including December,...
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Morgan Stanley Announces Predictions for S&P 500 in 2012
Economists at Morgan Stanley announced this week that they believe the S&P 500 will dip 7% in 2012. Some of the primary factors supporting this prediction are the ongoing European debt crisis, a global deceleration in gross domestic product, and weak earnings estimations for a number of major corporations. Morgan...
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CFOs Predict Employment Growth in 2012
The most recent survey by Duke/CFO Magazine Global Outlook reported that chief financial officers are becoming increasingly optimistic about the U.S. unemployment rate for 2012. On average, CFO survey respondents anticipate that national employment will grow by 1.5% over the course of the year—a significant improvement over predictions last quarter,...
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Men Are Finding More Jobs Than Women
While men experienced significant job loss during the recession—often referred to as the “mancession”—it seems they have made a better recovery than women. According to a recent report by the Institute for Women’s Policy Research, the gap between employed men and women is widening. Men have regained 32% of the...
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New Lottery Winners: 3 Wealth Managers?
When the winning numbers were announced for the Connecticut Lottery for the $254.2 million jackpot—the largest sum ever in the state—everyone waited to hear which individual with a heartwarming, underdog story would become an overnight millionaire. No one ever expected three wealth managers from Greenwich, Connecticut to win—including the three...
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Great News for Job Seekers!
The holiday season is looking promising for job seekers! According to the U.S. Bureau of Labor, the number of jobless claims dropped by 5,000 last week to 388,000. While it is unclear whether or not companies are increasing hiring, they are at least decreasing the rate at which they let...
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First Social Media ETF is Launched
Yesterday marked the launch of Global X Social Media, first exchange-traded fund (ETF) seeking to replicate the performance of social media stocks. The ETF follows 25 different stocks, including a number of recent tech IPOs such as LinkedIn, Pandora, and Groupon. While this initiative will offer great insight into the...
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How to Prepare for Salary Negotiation
Salary negotiation is a difficult task to be sure—but career coaches agree it’s a necessary endeavor, even in a tough economy. Before heading into the conversation however, it’s important to collect information on compensation. Fortunately, there are a number of ways you can going about doing so. Job sites likes...
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Finance Sector Looking to Employ Veterans
Happy Veterans Day! While the unemployment rate for post-9/11 veterans has unfortunately been high in past years, it seems the finance sector is looking to do something about it. Citigroup, for one, recently announced that they hired almost 300 veterans in the past three months, in addition to the 150...
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