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The economy seems to be rebounding, banks are reporting huge profits, and now we’re hearing that Wall Street is hiring again.

Will this trend continue and result in significant numbers of new hires? Nobody knows, but this is still a good sign. Wall Street firms will start with high end jobs like traders and risk managers, but it can be expected that support staff and entry-level positions will follow. As the economy ramps up, lean firms will want to make sure they don’t leave money on the table.

If you’re out of work, now is the time to get really aggressive. Go back to many of the contacts that said no several months ago. Chances are they might be rethinking their approach.