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Unlike 10 years ago, bull markets don't mean extra Wall Street jobs

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Mr Dudley says the securities industry is not really contributing to growth in the number of jobs.

New York

BULL markets aren't what they used to be, at least when it comes to New York's economy.

Although the stock market is surging and profits on Wall Street last year hit their highest levels since 2012, the good times are not translating into jobs the way they did a decade ago

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