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✉news BusinessFinance first seen 14 h ago, last 5 h ago, peak #5

Finance Sectors Continue Job Loss Spiral in August

US financial sectors shed jobs again in August, extending a months-long decline across the industry, according to new analysis from ratings agency KBRA. The report points to a sustained contraction in finance employment, with losses continuing rather than reversing as the month closed. The figures add to concerns about hiring conditions in banking and related sectors heading into the autumn.

Why now: Fresh monthly employment data showing continued job losses in finance is drawing attention amid broader worries about the sector's health.

KBRAfinance industryUnited States

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