Journal Article

The securities industry and the New York - New Jersey region


Abstract: The author finds that the securities industry in the New York-New Jersey region, while vulnerable to stock and bond market fluctuations, is enjoying strong growth in employment and salaries. Benefits from future growth, however, will likely flow predominantly to highly skilled workers as rapid technological change continues to widen existing income differentials.

Keywords: Federal Reserve District, 2nd; Securities;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Economic Policy Review

Publication Date: 1997

Volume: 3

Issue: Feb

Pages: 83-85