Tax prep is less than half the increase.
By Beth Bellor
CPA Trendlines Research
Is the accounting profession closing its staffing gap?
It sure seems that way, as employment hit an all-time high in January. Women fared well, too, reaching record levels in the field overall and in payroll services.
MORE: Staff Wages Hit Record High | Despite Staffing Crunch, Firms Freeze Pay Raises | Tax & Accounting Firms Grow for 9th Straight Month | Tax & Accounting Profession Grows, but Wages Don’t | Tax and Accounting Pay Advancing at 5.9% Pace | Accounting Jobs Up 4% for Year
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Nationally, unemployment held at 3.7 percent as total nonfarm payroll employment increased 353,000, according to the latest data available to CPA Trendlines Research. Of those new hires, 74,000 came in professional and business services, well above 2023’s monthly average of 14,000.
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