The latest batch of hundreds of Goldman Sachs bankers to lose their jobs as part of the investment giant's annual culling exercise will face a much bleaker job market than the last round of underperformers. There are 9.4% fewer banking and finance jobs available today than there were a year ago, according to the Indeed job posting index, which tracks the seven-day trailing average of job postings by sector.
There are currently 1.36 million American banking jobs, according to U.S. Bureau of Labor Statistics data—33,000 fewer than last year, meaning job seekers must compete for fewer opportunities.
