Accounting Sector Adds 2,000 New Jobs

Even as CPA firms shrink by 1,100.

The nation’s accounting and bookkeeping sector accounted for 2,000 of the 80,000 new jobs created in October, according to new preliminary and seasonally-adjusted data from the U.S. Labor Department.

For the nation, the jobs gain pushed the unemployment rate down to 9.0% from 9.1%.

For the accounting and bookkeeping sector, October’s performance represents a third straight month of gains and a year-to-year gain of 60,800 jobs, bringing the industry’s payroll to 932,200 employees.

Posted on November 4, 2011