St. Louis has something important that’s lacking in financial hubs such as New York, Boston, Philadelphia, Charlotte, N.C., and San Francisco.
We have a growing financial services industry. Nationwide, financial sector employment has fallen 4 percent since the recession began in December 2007, and most big money centers have felt the job loss.
The St. Louis area has added 10,200 financial jobs, for growth of 13 percent. It’s a rare bright spot for a region where overall job growth remains sluggish.