May 28, 2024
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Recession’s legacy playing out as banking jobs disappear


A year before the 2008 financial crisis, Santa Barbara County was a regional hub for financial services with 5,700 people working in banking and related fields. During the next three years, more than 2,000 of those jobs were lost. And today that number has slid to roughly 3,400, a stunning 40 percent decline that translates…


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