economic trends

Charles Postal, SP&Co.: Investing in People and Mergers

By

Strategy 2012: Battling for Market Share

What are your critical challenges for 2012, and what can do you about them? A number of the profession’s leading lights have been sharing their thoughts with Accounting Today. Here’s one:

Charles Postal
Santos Postal & Co.

We see a shrinking market share of small and medium-sized businesses with the need for premium accounting services caused by increased competition from larger firms with greater resources.

READ MORE →

Accounting Sector Adds 2,000 New Jobs

By

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.

All Employees, October 2011
All Employees, October 2011

READ MORE →

Accountants Outpace CPAs in Job Listings

By

Simplyhired 2011 010 08
Help Wanted trends for "accountant" and "CPA" (by SimplyHired via CPA Trendlines)

Millions of “help wanted” ads surveyed and indexed.

Indexed to February 2010, the number of open “accountant” jobs has increased 64% and the number of open “CPA” jobs has declined 11%, according to data from Simply Hired, a job search engine affiliated with CPA Trendlines. The graph displays the percentage of jobs with the search terms anywhere in the job listing.

READ MORE →

Accounting Sector Adds 3,300 Jobs in September

By

Accounting and bookkeeping services (BLS via CPA Trendlines)
Accounting and bookkeeping services (BLS via CPA Trendlines)

Industry grows to 926,000 employees nationwide.

The scant month-to-month increase came after a stall during the summer, resuming six months of advances from January through June, according to new and preliminary seasonally-adjusted figures from the Department of Labor.

READ MORE →