The Next Jobs Number to Watch: Hedge Fund Unemployment?

A flurry of reports suggest hedge funds are cutting staff, but digging into the numbers suggests that the jobs outlook for the industry may not be that bad.

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Could the hedge fund industry be the next segment of Wall Street to endure job losses? That’s not a far-fetched scenario, or so a couple of recent reports suggest.

On Monday, Stamford, Connecticut-based Greenwich Associates reported that 44 percent of hedge funds said their 2012 trading desk budgets had been cut from 2011.

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