Good pay from what I read:
"Wall St. firms pick up pace of hirings" by Nelson D. Schwartz, New York Times | July 11, 2010
NEW YORK — While much of the country remains fixated on the bleak employment picture, hiring is beginning to pick up in the place that helped to lead the economy into recession — Wall Street.
The shift underscores the remarkable recovery of the biggest banks and brokerage firms since Washington rescued them in the fall of 2008, and follows the huge rebound in profits for members of the New York Stock Exchange, which totaled $61.4 billion in 2009, the most ever....
This while unemployment kept rising and rising and rising, America.
Otherwise you wouldn't need an extension up until 99 weeks.
Yes, THANK YOU for that "BAILOUT," America!!!
Rae Rosen, a regional economist at the Federal Reserve Bank of New York, said, “.... the economy has bottomed out and is slowly growing.’’
Such cautious optimism stands in sharp contrast to the mood among workers in other fields, where jobs have been slow to return or are disappearing altogether. Since June 2008 the number of jobs has shrunk by nearly 14 percent in manufacturing and by 22 percent in construction, but only by 8.5 percent in the financial industry nationwide.
And here it is reported in the globe darn near every month that we added manufacturing jobs.
God, AM I EVER SICK of the ECONOMIC FRAUD by THIS GOVERNMENT and its MSM MOUTHPIECES!!
Must be why I RARELY READ the paper anymore.
Big pile of UNREADS on the table.
Each job in the securities sector generates two additional positions in New York City, according to the federal Bureau of Economic Analysis.
Yeah, looting bankers are good for the economy -- or so says the NYT.
In part, that is because the average salary is much larger, with Wall Street employees earning an average of $392,000, compared with $63,875 for other workers in the city....
But the recovery is still very fragile. And executives say it could halt or even reverse if earnings reports for the second quarter, which begin this week, are disappointing....
PREPARING YOU for the "DOUBLE-DIP" SHIT to explain how the ECONOMY NEVER RECOVERED and why we are in what history will record as the GRAND DEPRESSION!!!
So the LYING and LOOTING BANKERS are going to PLEAD POVERTY this quarter?
As a result, some banks are doing the hiring in stages, with one eye on the economy. In recent months,
Yeah, as it turns out THEY are the ONLY ONES who made out in this "recovery!"
--more--"
Senate Balks on Unemployment Benefits in Favor of Bank Bailouts
Staring down desperation
Yeah, that last one is your front-page feature today.
