tax prep is less than half the increase.
by beth bellor
卡塔尔世界杯常规比赛时间 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 卡塔尔世界杯常规比赛时间 research. of those new hires, 74,000 came in professional and business services, well above 2023’s monthly average of 14,000.
the details
employment in the accounting profession reached a new high in january at 1,159,200, according to the latest data available to 卡塔尔世界杯常规比赛时间 research. that’s growth of 4,100 or 0.4 percent for the month and 24,100 or 2.1 percent for the year. workers average 36 hours per week, down 12 minutes or 0.6 percent for the month but up 6 minutes or 0.3 percent for the year. they earn $41.33 an hour – matching the record set in july – up 13 cents or 0.3 percent for the month and 95 cents or 2.4 percent for the year.
staff total 840,500, up 1,100 or 0.1 percent for the month and 22,400 or 2.7 percent for the year. they average 35.7 hours, down 12 minutes or 0.6 percent for the month but up 36 minutes or 1.7 percent for the year. staff make $32.14 an hour, down a scant penny or statistically flat for the month but up $1.62 or 5.3 percent for the year.
cpa firms
cpa firms employ 552,400, up 800 or 0.1 percent for the month and 7,600 or 1.4 percent for the year. employees average 36.9 hours, up 100 or 0.3 percent for the month and year. hourly earnings of $43.69 are up 2 cents or statistically flat for the month and 56 cents or 1.3 percent for the year.
staff at cpa firms total 377,600, down 1,300 or 0.3 percent for the month but up 2,700 or 0.7 percent for the year. they’re working 36 hours, the most since october 2022, up 30 minutes or 1.4 percent for the month and 24 minutes or 1.1 percent for the year. they’re making $33.48 an hour, up 20 cents or 0.6 percent for the month and $1.22 or 3.8 percent for the year.
tax preparation services
tax prep employs 101,800, the most since may 2023 and up 1,900 or 1.9 percent for the month and 7,100 or 7.5 percent for the year.
payroll services
overall employment in payroll services totals 216,200, up 1,600 or 0.7 percent for the month and 400 or 0.2 percent for the year. employees average 35.2 hours, down 30 minutes or 1.4 percent for the month but up 1 hour 54 minutes or 5.7 percent for the year. earnings have swung wildly throughout the year, as low as $35.74 and as high as $38.51. they stand now at $37.72, down 79 cents or 2.1 percent for the month but up $1.18 or 3.2 percent for the year.
staff in payroll number 188,100, up 2,700 or 1.5 percent for the month and 13,000 or 7.4 percent for the year. they work 35.4 hours weekly, unchanged for the month and up 3 hours 54 minutes or 12.4 percent for the year. earnings have crept up 11 of the past 12 months and are at a new high of $34.86, up 47 cents or 1.4 percent for the month and $5.39 or 18.3 percent for the year.
bookkeeping
other accounting services employ 285,400, up 400 or 0.1 percent for the month and 5,400 or 1.9 percent for the year.
women
women in accounting overall are at a new high mark of 732,700, up 3,200 or 0.4 percent for the month and 24,100 or 3.4 percent for the year. at cpa firms they also have a record at 335,800, up 2,400 or 0.7 percent for the month and 13,500 or 4.2 percent for the year. women in payroll are at their lowest level since january 2022 – 97,000, down 1,500 or 1.5 percent for the month and 8,300 or 7.9 percent for the year.