/9918578/Banner

/9918578/Banner_2

/9918578/Mid

section

articleId

product

orgType

parrefer

accountID

Consulting

Banking

Accounting

Fintech

Internships

Rankings

Internship Rankings

Intern Resource Center

Explore Internships

Vault Law Home

Practice Area Resource Centers

Regional Resource Centers

Summer Program Resource Center

Vault Law Culture & Inclusion Survey

Vault Law

Guides

Events

Financial Services

Technology

Grad School

Work Relationships

Productivity

Diversity, Equity & Inclusion

Social Impact

Remote Work

Negotiating

Changing Jobs

Workplace Issues

Blog

Resume Samples

Cover Letter Samples

Interview Tips & Questions

A Day in the Life

International

Career Readiness

Explore Professions

Research Industries

Search Companies

Career Advice

Employers

Schools

We&#39;ve tried to make the case here at Vault that the loss of a job does not mean the end of your career, and certainly not the end of your life.  However, the folks at The Big Money (part of the Slate Group) have conducted a thorough (and, in spots, surprisingly scientific) study, and have determined that &quot;finance guys&quot; are just not getting hitched at the same rate as in years past.  Is this strictly due to the recession?  Does it support the theory that they&#39;ve all moved out of New York City to their parents&#39; homes in New Jersey&#39;s Pine Barrens?  Have they simply outgrown the institution of marriage? Who knows?  &lt;p&gt;Anyway, The Big Money used information from the &lt;i&gt;New York Times&lt;/i&gt; wedding announcement pages (from the past three late-October-to-late-January periods) as its statistical sample.  The experiment tracked the professions of the grooms in several areas:  &quot;finance, real estate, and insurance; media; and affiliated markets and industries like consultancies, luxury goods retail and promotion, and fundraising.&quot;  Along the way, it found that those fields were represented in approximately half of the announcements from 2006-2007 and 2007-2008; those numbers correlated with a similar review done in 1997. However, for 2008-2009, bankers, realtors, agents, media moguls and the like showed up only 36% of the time.  (The data guys didn&#39;t spend too much time on the female half of the couples, but did notice that their ranks in this group declined as well, from 46% to 39%.) &lt;p&gt; Unemployment figures were also examined (they looked for tipoffs and phrases like &quot;until recently worked at?&quot;).   Previous surveys pegged the jobless rate at 4.1%, while the current one is different -- and approaches New York&#39;s current rate -- at 6.6%.  All this can&#39;t be summarily dismissed: The write-up even comes complete with a formal mathematical analysis that says the differences are statistically significant.&lt;p&gt;What to make of this, on the day before Valentine&#39;s Day?  Just buy some chocolate or flowers on your way home.  In the realm of romance, ladies and gentlemen of finance, real estate and everything else, it doesn&#39;t pay to think too much -- just keep listening to your heart.     &lt;p&gt;&lt;b&gt;&lt;em&gt;--Posted by Todd Obolsky, Vault News &amp; Commentary&lt;/em&gt;&lt;/b&gt;

SixFigureStart

Article

How to Handle Survivors’ Guilt After Layoffs 

The Library