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U.S. Department of Labor reports on credit and financial management.(Brief article)
Financial managers held about 528,000 jobs in 2004. Although they can be found in every industry, approximately 3 out of 10 are employed by finance and insurance establishments, such as banks, savings institutions, finance companies, credit unions, insurance carriers, and securities dealers. About 1 in 10 works for Federal, State or local government. Median annual earnings of financial managers were $81,880 in May 2004. The middle 50 percent earned between $59,490 and $112,320.
Employment of credit and financial managers is expected to grow about as fast as average for all occupations through 2014. The increasing need for financial expertise as a result of regulatory reforms and the expansion of the economy will drive job growth over the next decade. However, mergers, acquisitions, and corporate ...
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Source: HighBeam Research, U.S. Department of Labor reports on credit and financial...