Trending Up: Business And Finance Hiring Posting Gains

Trending Up: Business And Finance Hiring Posting Gains

The final quarter of 2015 may be your time to find a new job in financial services or other avenues of business. Data released by the U.S. Bureau of Labor Statistics (BLS) reflecting July employment show a significant, upward trend for the financial sector.

Hiring throughout 2015 has been robust, up 170,000 on the year, but the July gains were the most significant yet at 19,000 -- over 11% of the yearly total.

The positive trend in finance directly ties to other sectors, most notably construction. Few sectors of the economy were hit as hard during the recession as construction, which continues a gradual climb to pre-recession employment totals.

Of the 19,000 new hires in finance, the BLS reports 8,000 in real estate. That fits with recent news of mortgage application increases in the past year, per the Mortgage Bankers Association.

The number of Americans renting in the past decade grew dramatically, but the MBA projects a reversal in this trend over the next 10 years. That means more employment opportunities in the finanical sector tied directly to home loans.

 

Job seekers can customize their search within the CareerCast Finance and Law Network's database. A search tailored specifically to mortgages, for example, returns 56 results. The phrase "home loan" returns 17 results.