Skip to main content

Women shunning finance careers

May 16 2011 by Brian Amble
Print This Article

Young women in the US are turning their backs on the finance sector despite all the efforts of employers to attract and retain women.

According to an article on Fins.com, between 2001 and 2010 the number of women between the ages of 20 and 34 working in the finance industry fell by 394,000 – some 20% - according to an analysis of data from the Bureau of Labor Statistics.

Fins, a financial news portal, is curiously reticent about exploring too deeply the reasons for this dramatic decline, only suggesting that "Wall Street still hasn't been able to offer much in the way of work-life balance" and that the old-boys club mentality remains tough to break down.

The raft of other reasons for shunning Wall Street is left unsaid – although as one comment puts it, "the current generation of both men and women do not share your workaholism and your careerism. Maybe they know something you don't know; that life is about more than money, power, and prestige."

Related Categories

Latest book reviews

MORE BOOK REVIEWS

The Voice-Driven Leader

The Voice-Driven Leader

Steve Cockram and Jeremie Kubicek

How can managers and organisations create an environment in which every voice is genuinely heard, valued and deployed to maximum effect? This book offers some practical ways to meet this challenge.

Super Adaptability: How to Transcend in an Age of Overwhelm

Super Adaptability: How to Transcend in an Age of Overwhelm

Max McKeown

Max Mckeown's heavyweight new book draws from neuroscience, psychology and cultural evolution to develop a practical framework for human adaptability. It might also help you move from paralysis into abundance

Relationship Currency

Relationship Currency

Ravi Rajani

In an era where AI can draft emails and manage our schedules, 'Relationship Currency' is a timely reminder of the importance of investing in genuine human connection.