Wall Street's Jobs Bummer: Financial Losers

NEW YORK (TheStreet) - The financial sector was hit hard early Friday, following a disappoint June employment report. The Bureau of Labor Statistics reported that the U.S. economy added only 18,000 new jobs last month, running counter to ADP's report Thursday that private-sector payrolls had increased by 157,000 in jobs in June. In its June employment report, the Bureau of Labor Statistics said that the financial sector had trimmed 15,000 jobs in June, after adding 14,000 in July. ... Click to view a price quote on BAC. Click to research the Banking industry.

Topics:  york thestreet    the bureau   adp   july   bac   banking    the   june   labor statistics   click   jobs   financial   report   sector   employment   
  • Bummer: Stocks badly missing Wall Street’s mark
    The S&P 500 (^GSPC) has fallen 4.5 percent this year, badly underperforming Wall Street expectations. If stocks close the year around this level, it will be the first time that the S&P has missed strategists' targets since 2008. Major Wall Street ...
    09/22/2015 - 1:58 am | View Link
  • Study: Wall Street Still Living By The Code Of “If You See Something, Shut The F*ck Up”
    Sure, a $600 tie is nice, but Wall Street’s hottest accessory seems to be the good old ball gag. A survey conducted by the law firm Labaton Sucharow and the University of Notre Dame’s Mendoza College of Business reveals that many financial services ...
    05/19/2015 - 7:11 am | View Link
  • Why Was Geithner So Easy On Wall Street?
    Instead, as Geithner tells Sorkin, “My jobs mostly ... the U.S. financial sector is once again America’s largest enterprise, accounting for more than 30 percent of the nation’s corporate profits. Moreover, Wall Street’s six biggest banks—the ...
    05/14/2014 - 1:00 pm | View Link
  • Morgan Stanley strategist: Wall Street’s betting on a Romney victory
    I want to believe, but … what’s happened lately to make Wall Street believe this election isn’t still a toss-up? Offhand, I can’t think of one statistical model or betting market that has Mitt winning. Is there some concrete indicator that they ...
    07/29/2012 - 9:00 pm | View Link
  • Book excerpt: “Backstage Wall Street”, by Josh Brown
    FT Alphaville pal Josh Brown, who blogs as The Reformed Broker, just released his first book, Backstage Wall Street ... for the financial analyst profession over the 10 years ending 2018. This would mean the addition of 50,000 new analyst jobs for ...
    03/25/2012 - 9:00 pm | View Link
  • More
  • ETF Resumé
    ETF Trends offers news, articles, and research tools for ETF investors and investing.
    11/26/2015 - 9:01 am | View Website
  • Business Technology News and Commentary
    InformationWeek.com connects the business technology community. Award-winning news and analysis for enterprise IT.
    11/26/2015 - 4:44 am | View Website
  • Congress | NationofChange
    Do you ever wonder why the Congress of the United States, elected by the people to represent them in government, no longer represents them, nor does it “support and ...
    11/25/2015 - 5:59 pm | View Website
  • Fraud02
    Labor Unions Resist Efforts to Require Truthful Financial Disclosures. The U.S. Department of Labor's homepage is at http://www.dol.gov/ Near the bottom of the page ...
    11/25/2015 - 5:38 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    11/25/2015 - 11:19 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News