The majority of financial industry professionals are expecting the job market to improve, according to one recent survey.
The study, conducted by OneWire, asked 500 sector professionals looking for work about current conditions. Nearly six out of 10, or 59.9 percent, said that they were optimistic about the future, while 40.1 percent were pessimistic. The majority of those surveyed – 56.5 percent – said that the private sector would help the market recover, while 26.4 percent said they were looking for help from the federal government,
"Our candidate survey gave us a rare glimpse into how those actively looking for jobs in the financial services industry view their prospects as the market struggles to bounce back from the recession," said Brin McCagg, co-founder, president and COO of OneWire. "Although hiring remains sluggish, as evidenced by the May jobs report, the survey tells us that a majority of candidates are optimistic about the future, believing that the private sector will play a key role in economic recovery."
Overall, the pace of hiring slowed during May, when just 69,000 new jobs were added, according to the Labor Department. In an interview with the Associated Press, economist Joel Naroff said despite struggles, "the level of confidence going into the spring and summer is definitely higher this year than last year."