Wall Street Hiring Is Picking Up Even While Rest of Nation Lags

[Karmadillo]

http://finance.yahoo.com/news/Wall-Street-Hiring-Is-Picking-cnbc-920748805.html?x=0&sec=topStories&pos=main&asset=&ccode=

While the rest of the country has seen a fairly tepid jobs recovery, Wall Street appears to be making a comeback.

Jobs in the financial sector jumped from February to May even as the private sector created few other jobs. Some 200,000 Wall Streeters lost their positions during the financial crisis, but 6,800 of those have come back, according to the latest data from the New York Department of Labor.

So even with the national unemployment rate mired at 9.7 percent, the picture for the world's financial center appears to be improving.

"We absolutely have seen an increase in the number of job positions and a reduction in the number of clients returning to our site," says Robert Graber, CEO at WallStJobs.com, an online bulletin board for out-of-work financial services professionals.

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[RUMMYisFROSTED]

1. It's about rime.

[Octafish]

2. Thank goodness.

No reason Wall Street greedheads have to suffer. That's for little people, like Detroit.