Employment in this sector, particularly people working in finance and financial services, has been affected by the global recession and there has been a number a jobs losses.
In terms of looking to the future, it is generally thought that the future will bring a wide range of jobs and opportunities, particularly as there will be a need to replace older workers that retire. Due to the recession it looks like there could be more jobs in risk management; which means more accountants, actuaries, risk managers and underwriters. There will also be a need for people who have specialist knowledge and advisers who can offer financial/product advice and customer focused services.
If you are interested in working in this area it is important to keep yourself up-to-date with what is happening in the local and national economy as this will help you gain an understanding of where the future opportunties may be. You can do this by regularly visiting online news sites, watching TV news or reading newspapers.
In Coventry & Warwickshire these developments are expected to have an effect on this sector within our area:
Education & Training - find out about opportunities to train in business, administration and finance from Route 14-19.