There's a lot of speculation now about whether Wall Street firms are about to embark another painful round of layoffs. Most think they will have to. But at the same time, top banks like Goldman Sachs, Bank of America and Citigroup are stepping up their efforts to hire veterans.

Among other things, banks are participating at job fairs aimed at easing vets into civilian jobs in finance. At an event in Chicago in March, about 200 of the 1,200 participating veterans got jobs, according to Bloomberg. So it seems banks are very serious about bringing on people with military experience, which signals to some recruiters that candidates are serious, disciplined, can pass a drug test and might have an edge over civilians.

But is now the time to take a job? Well, if you are bent on a career on Wall Street and a top bank offers you a job, you would have to consider it. But you should go in with your eyes wide open, knowing well that when the layoffs hit, you might be right back in the job market. But frankly, you could say that about a lot of industries right now. The economy isn't exactly cranking out jobs like a finely tuned machine.

For more:
- here's the Bloomberg article

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