WSJ: Women are leaving Wall Street Jobs

[jsmithsen]

http://online.wsj.com/article/SB10001424052748704858304575498071732136704.html?mod=googlenews_wsj



Women are fading from the U.S. finance industry.

In the past 10 years, 141,000 women, or 2.6% of female workers in finance, left the industry. The ranks of men grew by 389,000 in that period, or 9.6%, according to a review of data provided by the federal Bureau of Labor Statistics.

The shift runs counter to changes in the overall work force. The number of women in the U.S. labor market has grown by 4.1% in the past decade, outpacing a 0.5% increase in male workers.

The difference is pronounced at brokerage firms, investment banks and asset-management companies...

[McCamy Taylor]

1. Leaving or forced out? Or not promoted?

[DJ13]

2. When someone leaves and forms their own investment firm is that counted as leaving?

[musette_sf]

3. Something smells fishy

kinda like a red herring.

Not going to click on the WSJ link as any credibility it ever had is now gone, so will have to use the quoted information in the post.

1. US Finance Industry

2. Brokerage firms, investment banks, asset-management companies

3. 141000 women left

4. 389000 men joined

5. Over the past 10 years

Now for actual facts:

The US Finance industry, specifically brokerage firms, investment banks, and asset-management companies, in case the OP has been living under a rock for the past three years, has had some severe cutbacks and attrition all around.

The US Finance industry, specifically brokerage firms, have been hammered significantly for the past 10 years, and really took a hit 9 years ago.

Over the past 10 years, a lot of guys got in while the getting was good.

Over the past 10 years, a lot of worker bees were let go.

More so than in many other industries, the top levels of the US Finance industry are men, men, men, men. Any observer of the financial hearings can attest to that. There were NO females amongst the BSDs who were interrogated.

In conclusion, I assert that the WSJ is using cherry-picked data to "prove" that girls just don't want to bother their pretty little heads with money stuff.

I also assert the the WSJ is drawing a non-existent "conclusion" to "prove" a non-existent "point".

[TygrBright]

4. Squirrel! n/t