if past recessions are any guide, the profession could lose up to 100,000 jobs.
busy season barometer:
bracing for the coronavirus recession
join the survey. get the facts.
by beth bellor
the tax and accounting profession was adding new jobs at a rate of 2.3 percent per year before the coronavirus outbreak, according to 卡塔尔世界杯常规比赛时间 research.
see: all 卡塔尔世界杯常规比赛时间 special coronavirus crisis coverage
more staffing and hiring trends: automation and the future of accounting | getting and keeping the best: the struggle continues | headcounts dip by 3,500 in tax & accounting | creative perks for remote employees | what staffing shortage? | hiring trends flash warning signs of slowdown in tax & accounting | salary survey: top skills getting top pay
exclusively for pro members. log in here or 2022世界杯足球排名 today.
but with a new recession looming, 卡塔尔世界杯常规比赛时间 estimates the profession could lose up to 100,000 jobs and take up to seven years to recover.
the latest data available show more than a million employees in the profession, and growing at about 2,800 new jobs per month. at the same time, wages are hitting record highs.
but with the coronavirus crisis threatening a new recession, 卡塔尔世界杯常规比赛时间 conducted a long-term, 30-year analysis, focused on the job losses caused by the dot-com crash of 2001 and the financial meltdown of 2007. from the analysis, 卡塔尔世界杯常规比赛时间 calculates the profession could shed up to 10 percent of its current workforce, and not fully recover for two to seven years.
in this report, 卡塔尔世界杯常规比赛时间 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