ABSTRACT
This chapter analyzes the development of employment and competence in Swedish banking in a long-term perspective. It discusses and analyzes the effects of technological development, institutional change, and rationalization in the banking sector. However, the author believes that the data provides us with a unique opportunity to analyze the Swedish Banking industry's adaption to changing conditions from an industrial level. Interest rates were settled by the Swedish central bank and, with restrictions on lending, the possibilities of attracting new borrowing customers, or even of meeting the requirements from well-established customers, were limited. The most obvious result was the general reduction in the number of employees in the banking industry. This especially affected female employees, but, in spite of a sharp reduction, the banking industry was still dominated be women in 2010. Economists and business administrators are important for the development of new banking activities, such as economic advisors and marketers.
