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Banking Industry Employment

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Until recently, the U.S. banking industry provided employment that was relatively free from the uncertainties that affected other industries, such as steel. However, banking employment is now falling; indeed, some analysts predict that the industry will lose 400,000 jobs in the next decade, despite increased supply and demand for many banking products.


Suggested citation: “Banking Industry Employment,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-12, pp. 13, 12.01.1996.

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