Monday, July 21, 2008

Bank Tech: SWIFT Bucks Down Trend With Hiring Boom

Orla O'Sullivan writes on Bank Systems & Technology:

While most Americans fears layoffs, SWIFT continues to increase its staff in the Americas, especially in New York, it emerged from a recent press briefing by the body that sends payments and messages about them around the world.

SWIFT increased its staff in the America's region by 10 percent last year, while New York alone has added 10 percent each year from 2005 through 2007. Meanwhile, in the economy overall, the unemployment rate rose to a psychologically significant 5 percent for the first time in over two years.

More here.


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