How to avoid the financial industry jobs shortage

According to a report from the Financial Industry Regulatory Authority (FINRA), the financial sector has experienced an employment shortage for at least two years now.

According to the report, the industry employed 5.8 million workers in 2017, with an average of 3.2 jobs per person.

While it’s difficult to quantify exactly how many jobs are in jeopardy, FINRA estimates that roughly 9.6 million of those jobs are “low-wage” jobs that pay between $7.25 and $10.25 per hour.

While those figures are down slightly from the current year, it’s still not good news for the average person who doesn’t want to work in the financial world.

“It’s really important that people understand that it’s not an economy where we are all going to be happy,” FINRA CEO Gary Grosman said.

“People should understand that we are in a crisis.”

To make matters worse, FINSA reports that a staggering number of those workers are likely to be laid off before the end of the year.

In fact, the agency predicts that more than 70 percent of the financial services sector will be closed in the next two years.

While many people may be able to survive on the lower end of that threshold, many of the workers who are struggling to make ends meet are likely unable to afford to make up for the lost income.

“For people who can’t get to the $7-$10/hour level, they may be unable to save enough to cover their basic expenses,” Grosmen said.

For those who are able to make that up, the job market could be even tougher.

While there are some industries that have historically been able to find good jobs, like banking, financial services and insurance, the financial markets are likely the most vulnerable to the financial crisis.

“The financial markets have been a very resilient industry,” Groomsman said, adding that those jobs aren’t guaranteed and are likely going to go away as the economy recovers.

So, what should you do if you’re considering a career in the finance industry?

Grosman suggests that people should “try to do everything you can to get your resume online” as soon as possible, and “make sure that you have all of your documents available online so you can take advantage of the opportunities.”

Grosmans own experience working in financial services has taught him that it is important to ensure that any financial services experience that you get has the best of intentions, so that it can be considered as an opportunity.

“I would really encourage people to get a job that can actually be meaningful,” Gromans said.

Grosmen also stressed that people who are looking for a job should always take the time to look for a better one, and then find out how much they will be paid, if they are eligible, and if they have any other job opportunities that might interest them.

“People need to make sure that the industry that they are interested in is going to have a good opportunity to find that job,” he said.

If you or someone you know is looking for work in financial markets, here are a few things you should know: