Wall Street Anticipates Economic Recovery and Begins Hiring

The very place that led the economy into recession is hiring-- even though much of the rest of the country remains focused on the current bleak employment statistics.

According to a New York Times Report , this positive trend is a reflection of the huge rebound in profits for members of the New York Stock exchange, totaling $61.4 billion in 2009, and the remarkable recovery of some of the largest US banks.  New York securities firms have added close to 2,000 jobs after employment bottomed out in February, the Times report adds.  And that's not all...headhunters, executives and economists are predicting continued growth in the coming months.

The Bureau of Labor Statistics June report indicates that  white-collar professions such as law experienced their lowest employment since late 2001.