Impact of the Financial Crisis on Finance Sector Workers

Abstract

[Excerpt] The purpose of this paper is to briefly review the background, causes, characteristics and trajectory of the ongoing financial and economic crisis; to define the financial services sector, its occupations and their educational requirements, as well as recent important trends; to provide a preliminary assessment of the impact of the crisis on finance sector jobs; and to give suggestions on possible policy responses to address the effects of the crisis on finance sector workers.