Over a three-month period from the end of February through May, financial-services employment grew by 6,800 in New York City--the largest three-month increase in nearly two years, according to data from the New York State Department of Labor. The employment boost is the largest such gain within the industry since it reported the addition of 7,200 positions from May to August 2008.
While industry employment has increased, employment among securities professionals such as investment bankers and financial advisers has dropped. According to the Labor Department data, New York City reported 157,900 such employees as of the end of May, down from 158,600 on Jan. 31.
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