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Survey: Younger Financial Services Professionals Seek New Opportunities

Survey: Younger Financial Services Professionals Seek New Opportunities

A new survey released by PricewaterhouseCoopers found that nearly half of graduates holding finance jobs are looking for new employment opportunities.

Bloomberg News reports the study showed 48 percent of employees in the financial services sector born since 1980 are actively seeking new positions, while 21 percent said they would prefer to not work in the industry after the reputation took a hit during the financial crisis.

"This generation of graduates actively seek out employers whose values reflect their own, so the sector’s ability to restore trust and re-engage with society will be critical in attracting the best talent from current and future graduates," Jon Terry, a partner at PwC, said in an emailed statement to the news source.

According to Bloomberg, the survey examined 221 graduates working in financial services throughout 75 different countries.

The results of the study come as jobs in London's finance sector are expected to fall to their lowest level in 16 years in 2012, Reuters reports. According to the Centre for Economics and Business Research (CEBR), the euro zone crisis could cause more than 25,000 layoffs this year.

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