Profession loses four years of job growth in the first month of the Coronavirus recession, reversing years of steady gains.
By Beth Bellor
Crushed by the Covid-19 pandemic, the tax and accounting profession has fallen below 1 million employees for the first time in two years – way below, and that may be just the tip of the iceberg, according to CPA Trendlines Research.
MORE on JOBS and HIRING TRENDS: Planning for the Coronavirus Recession | Pre-COVID-19, Accounting Profession Hits New Highs | The Fight for New Tax Clients | Tax & Accounting Headcounts Hit Record High | Hiring Growth Rate Shows Signs of Leveling Off | What Staffing Shortage? | Payroll Agencies Lead Jobs Growth in the Tax & Accounting Industry |
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In this report, CPA Trendlines highlights:
- Current and long-term hiring trends in each of the bookkeeping, payroll, tax and CPA segments of the industry (all data seasonally adjusted)
- Average hourly wages for key segments
- Typical hours worked per week
- Trends concerning women in the accounting workforce
The data comes with a big asterisk.