With major brokerage houses having committed themselves to larger trading floor operations in Manhattan, there has been a corresponding increase in the level of activity from those using the job search services of WallStJobs.com.
by Site Staff
April 17, 2007
New York — April 17
With major brokerage houses having committed themselves to larger trading floor operations in Manhattan, there has been a corresponding increase in the level of activity from those using the job search services of WallStJobs.com, said Rob Graber, company founder.
“We have seen a 57 percent increase in the job-search activity level at our site,” he said. “This appears to have been in response to the buzz surrounding the building of new trading floor space by Goldman, as well as the likely ripple effect this is having at other brokerage firms.”
WallStJobs.com compared the activity on the site from the week of March 26 to 30 and the subsequent week, April 2 to 6.
The surge of candidate activity was mirrored by an increased number of sign-ons from company clients looking to hire new staff, as well.
“Resume-search activity was 36 percent higher during this period,” Graber said. “In addition to new candidates, previously registered candidates are updating their credentials.
“This may well be a sort of preemptory strike in advance of what will likely be more hiring in the future as these new facilities come online. Even as some financial firms have announced cost-cutting layoffs, others in our sector are positioning themselves for future staffing. Companies and candidates want to be at the front of the line when it comes to new hiring initiatives.”