Original Article: http://management.fortune.cnn.com/2014/01/10/4-ways-to-help-your-college…
“Moreover, although layoffs in December fell by about 3% year to year, to their lowest level since 2000, according to Chicago outplacement firm Challenger Gray & Christmas, finance jobs are not thick on the ground: The financial industry lost hundreds of thousands of jobs — more than 80,000 in New York City alone — in 2013, ironically due to an economic recovery that has drastically reduced the need for people who specialize in foreclosures and rewriting troubled loans. All of those people have had to go somewhere, and your son is competing against them, as well as against many other seasoned finance mavens.”
