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New Jersey’s Financial Services Talent Network (FSTN) builds partnerships in the finance industry to develop and support financial services in the Garden State and formulate strategies for competing at the regional, national, and global levels.

The FSTN, led by the African American Chamber of Commerce of New Jersey (AACCNJ), connects with businesses, educational institutions, workforce organizations, training groups, and community- and faith-based organizations to gather ground-level intelligence on the industry to make informed decisions on high-quality public workforce investments and expand the number of New Jersey residents with industry-valued credentials or degrees.

Quick Facts

  • In 2016, New Jersey’s financial services cluster employed almost 179,000 workers, accounting for 5.3 percent of all private sector jobs in the state. 
  • From 2011 to 2016, New Jersey’s financial services cluster saw an employment decline of almost 5,000 jobs (a 2.7 percent drop over the five-year period).

  • The average annual wage for workers in the financial services cluster increased 14.1 percent to over $122,000 between 2011 and 2016.