How’s the job and hiring outlook?

We’ve been asking, you’ve been answering.

CPA Careers: The Outlook for Hiring Trends and New Job Opportunities — Join the survey; get the results.

One of the questions is: In your own words, how do you REALLY feel about business and employment conditions today?

The comments are rolling in. Here’s an early sampling…

  1. Things are slowing down in hiring at the entry levels but we are not hurting. Growth will continue and the need for CPAs will continue.
  2. It stinks. I’m employed in the real estate development industry and this recession (especially in the real estate sector) is far worse than the one in the 1990s. The sub-prime mortgage debacle and its effect on the economy almost caused the collapse of the US economy (need I mention “Bears Stearns”?). Frankly, I don’t think the financial and investing sectors could have done much worse if they were trying to cripple the US economy. As it happens, they have managed to damage enough of the economy to displace America’s dominant position in the world market. This in turn will prolong the recession and real (as opposed to government statistics) unemployment and underemployment will continue for a couple of years.
  3. Our office is still very busy so we have not seen a downturn, however, some of our clients in the construction industry have seen quite a reduction in income and have laid off employees. Our clients in the fast food industry, however, are doing better than last year. So, it depends on the occupation. Also, I have tried to keep the different services that we use so that they would not, at least from me, see a reduction in there income.
  4. not too bad
  5. It’s tough, very tough, all around.
  6. No slow down other that I can see other than slightly lower raises.
  7. READ MORE →