Accounting Sector Tops 5% Annual Growth Rate

Firms now recovered about 9 in 10 jobs lost in financial collapse.

By CPA Trendlines

The U.S. tax, accounting and bookkeeping industries have recovered nearly 89 percent of the jobs lost in the economic crisis, according to CPA Trendlines sources.

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Here CPA Trendlines reports on:

  • Current hiring trends in each of the bookkeeping, tax, payroll and CPA segments of the industry.
  • Average hourly wages for key segments.
  • Typical hours worked per week.
  • And trends concerning women in the accounting workforce.

The U.S. economy as a whole added 209,000 jobs in July. In addition to the growth of 47,000 jobs in professional and business services, increases were seen in the manufacturing, retail trade and construction sectors. The unemployment rate remained stable at 6.2 percent, down from 7.3 percent a year earlier.