Payroll services: Fasten your seatbelts, it’s a bumpy ride

Latest data shows a payroll industry workforce of 172,900.

Payroll services employment 20 yrs thru oct 09

The October data, not seasonally adjusted, represents a gain of about 3% from the month before, and barely a change from the year ago 171,600.

But, in between, and over the long haul, you can see the dramatic effects of economic cycles.

Related: Accounting loses 4,400 jobs in November

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