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Tuesday, March 23, 2010

 

Denver Finance Jobs for Financial Analysts

Financial analysts are one of the most popular occupations for those considering Denver finance jobs.

The Denver-Aurora-Broomfield area's financial activities industry employed 91,500 workers during January, according to the U.S. Department of Labor Bureau of Labor Statistics. This is down from 92,500 workers during December 2009 and a 2.3 percent decrease from last year.

Financial analysts are responsible for conducting quantitative analyses of information affecting investment programs of public or private institutions. The Colorado Department of Labor & Employment considers financial analysts to be an in demand occupation.

The median wage for financial analysts in the Denver-Aurora area during 2008 was $33.07 per hour, slightly higher than the median wage throughout Colorado of $32.54 per hour. The median yearly wage in Denver during the same time was $68,793, compared to $67,673 per year throughout Colorado.

Employment for financial analysts in Denver is expected to increase from 4,142 workers during 2008 to 4,949 workers by 2018, accounting for an increase of 1.8 percent each year and a total of 807 additional jobs.

The top 10 industries in Denver that employed financial analysts during 2009 were:
  1. Financial investment and related activity at 24.7 percent
  2. Professional and technical services at 18.8 percent
  3. Management of companies and enterprises at 8.5 percent
  4. Telecommunications at 6 percent
  5. Credit intermediation and related activity at 5.7 percent
  6. Insurance carriers and related activity at 3.2 percent
  7. Publishing industries at 1.7 percent
  8. Oil and gas extraction at .8 percent
  9. Merchant wholesalers, durable goods at .6 percent
  10. ISPs, search portals and data processing at .3 percent
Some related occupations include: accountants; auditors; credit analysts; personal finance advisers; tax examiners, collectors and revenue agents; actuaries; and economists.

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