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Published January 29, 2009 at 11:16 AM
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 More dismal layoff news. The Labor Department announced that initial claims for state unemployment insurance benefits rose to 588,000 last week from 585,000 the week before. That makes the total number of people on unemployment 4.776 million, the highest reading since the Labor Department began keeping records in 1967. Here are the latest layoff announcements in the finance industry.
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- Northern Trust Corp. is shutting down all 17 of its exchange-traded funds, causing an undetermined amount of job losses.
- First National Bank will eliminate close to 350 jobs over the next few months.
- BBVA Compass Bank plans to lay off 80 employees in the Rio Grande
Valley of Texas.
- Ferris, Baker Watts, owned by Royal Bank of Canada Wealth Management, is eliminating 119 jobs and offices across the Maryland.
It's rough out there, but there are firms hiring. Macquarie and Michael Page have investment banking and restructuring positions available. For job postings check out TheDeal.com's Career Center. - Maria Woehr
Also see: Finance Layoffs: BofA, Comerica, State Street and more
Finance Layoffs: Cerberus, BofA, J.P. Morgan and moreFinance Layoffs: Wells Fargo, BOA, Barclays and moreFinance Layoffs: Bank of America, Fidelity, Carlyle and morePink slips on Wall StreetFinance Layoffs: Barclays, Sun Capital, Wells Fargo and moreFinance Layoffs: Barclays, Citadel, Bank of America and more Finance Layoffs: Schwab, BOA, Northern Trust and moreFinance Layoffs: BlackRock, BOA, Blackstone and moreFinance Layoffs: UBS, Citadel, GE Antares and more
Bank Layoffs: Credit Suisse, State Street, Carlyle and more
Merrill Grinch: Layoffs and other bad tidings before ChristmasBank layoffs: J.P. Morgan, Goldman Sachs, Standard Chartered and moreLayoff roundup: WaMu, Barclays and BoNYThe latest layoff roundup: Citigroup, J.P. Morgan, Nomura, Fidelity, HSBC and moreMore bank layoffs announced Another round of bank layoffs
Comments
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Here's 3 job sites from about.com's top ten job sites-
www.linkedin.com (professional networking)
www.indeed.com (aggregated listings)
www.realmatch.com (matches jobs based on your skills)
good luck to those looking.