How Many Jobs are Available in Finance Consumer Services?
The finance consumer services sector is one of the largest and most lucrative industries in the world, providing employment to millions of people across many countries. Financial services, such as banking, insurance, accounting and investments, are vital to the daily operations of any economy, and job opportunities in this sector are plentiful.
The Bureau of Labor Statistics (BLS) estimates that there are currently over 4.5 million people employed in finance consumer services in the United States. This number is expected to increase by 8% over the coming decade, meaning that there will be even more jobs available in the future.
The banking sector alone is estimated to account for almost half of the total finance consumer services job market, and it is responsible for providing financial advice, customer service, and customer support. Banking jobs range from entry-level positions such as tellers and customer service representatives to more senior positions such as credit analysts, loan officers, and investment advisors.
Insurance is another major component of the finance consumer services industry, with jobs ranging from insurance agents to risk management specialists. Other areas of finance consumer services include investments, accounting and auditing, and financial planning. Each of these areas is growing rapidly, and more jobs in each sector are expected to be available over the course of the next decade.
For those looking for a career in finance consumer services, the job market is wide open. With a growing population and an ever-increasing need for financial services, the number of jobs available will only continue to grow. Financial services professionals will find plenty of opportunities for growth and advancement, and the remuneration on offer is typically very competitive.