Accounting Loses 2,600 Jobs in December
Off 42,200 since recession began, according to today’s BLS estimates.
The number of Americans employed in accounting and bookkeeping services dropped to a seasonally adjusted 926,500 in December, down from 929,100 in November and 933,700 in December 2008 after peaking at 968,700 in 2007.
Among CPA firms, employment dipped to 412,900 jobs in November, the latest month available, from 414,500 in October and 436,800 in November 2008, not seasonally adjusted.
At tax preparation services, job rosters rose to a not-seasonally adjusted 62,300 in November, from 53,900 in October and 49,100 in November 2008.
At the nation’s payroll services, November’s not seasonally adjusted headcount rose to 173,800 from 172,900 in October, but slipped from November 2008′s 174,000.
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http://profalbrecht.wordpress.com
Thanks so much for tracking down this info. It is eye-opening.
It is not that accounting is only down a few thousand, but if you considered what employment would in an expanding field, then actual employment is down a lot from what it could have been with expansion.
That’s where all the pain is coming froml
David Albrecht
http://www.cpatrendlines.com
Thanks Professor. A lot of students are wondering about their futures.
http://www.idahofallsaccounting.com/
It is not that accounting is only down a few thousand, but if you considered what employment would be in an expanding field, then actual employment is down a lot from what it could have been