Ernst & Young survey finds Financial and business services jobs account for more than half of new positions created over the past decade

Financial and business services jobs account for more than half of new positions created over the past decade, a new report has found.

Auditing firm Ernst & Young found that the financial and business services sector now employs nearly 30% of the workforce compared with 14% in 1980, overtaking the manufacturing sector.

Ernst & Young forecasts this sector will continue to grow at 4% or more annually up to 2010, following a yearly average increase of 3% since 1997.