Certainly, that was one takeaway from the latest employment report , which showed growth last month of 20, workers in insurance agencies, investment firms and other financial institutions. The news comes as little surprise to workforce and financial industry analysts, who say the sector is benefitting generally from the overall improving economy and specifically from the fact that such white-collar fields are undergoing a generational shift, with baby boomer employees heading into retirement and younger workers stepping in to fill the slots.

In turn, that creates a need for more financial advisers to help them with the task. A final, short-term factor for the bump?

The threat of rising interest rates. And more borrowers means more staffers needed to assist with processing loans.

The interest rate situation may be a short-term factor, but the long-term outlook for hiring in financial services remains strong, particularly for financial advisers: But not all analysts remain convinced the news out of the financial services sector is so good. Harm Bandholz, chief U. This advertisement is provided by Bankrate, which compiles rate data from more than 4, financial institutions. Bankrate is paid by financial institutions whenever users click on display advertisements or on rate table listings enhanced with features like logos, navigation links, and toll free numbers.

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