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Banking Jobs
Significant Points Of Banking Jobs
- Banking employment is projected to grow more slowly than average as
consolidation and automation make banks more efficient.
- Office and administrative support workers constitute nearly 7 out of 10
jobs; tellers account for more than1 out of 4 jobs.
- Employment of tellers will increase more slowly than average, but job
openings should be plentiful because the occupation is large and many tellers
leave their jobs every year and must be replaced.
- Employment growth is expected in management and professional jobs, as well
as for customer service representatives and securities and financial services
sales representatives.
Nature Of The Industry
Banks safeguard money and valuables and provide loans, credit, and payment
services, such as checking accounts, money orders, and cashier's checks. With
the passage of the Financial Modernization Act in 1999, banks also may offer
investment and insurance products, which they were once prohibited from selling.
As a variety of models for cooperation and integration between the financial
services industries have emerged, some of the traditional distinctions between
banks, insurance companies, and securities firms have diminished. In spite of
these changes, banks continue to maintain and perform their primary role in the
financial system—accepting deposits and lending funds from these deposits.
For more information, please go to
Bureau of Labor Statistics.
Banking Jobs
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Banking Jobs
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