{"id":1767,"date":"2008-12-15t00:40:31","date_gmt":"2008-12-15t05:40:31","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=1767"},"modified":"2023-10-26t09:24:47","modified_gmt":"2023-10-26t13:24:47","slug":"cpa-firms-gain-amid-dismal-jobs-report","status":"publish","type":"post","link":"\/\/www.g005e.com\/2008\/12\/15\/cpa-firms-gain-amid-dismal-jobs-report\/","title":{"rendered":"cpa firms gain amid dismal jobs report"},"content":{"rendered":"

your mother was right: “become an accountant and you’ll always make a living.”<\/strong><\/p>\n

take a look, for instance, at the latest jobs report from the u.s. department of labor, which showed the overall economy lost 533,000 jobs in november – but it also showed gains for cpa firms against non-cpa accountants and bookkeepers.<\/p>\n

for the broad accounting and bookkeeping services category, the government counted 974,500 persons employed — which includes everyone from staff accountants to self-employed tax practitioners. november’s figure represents a loss of 1,700 jobs in the month, and an 18,800 loss from the record peak of 993,300 in december 2007.<\/p>\n

but look a little closer, and the numbers tell another story: the market appears to be consolidating around the market leader – the certified public accountant.<\/p>\n

cpa firms are expanding their employee rosters and continuing to gain market share against non-cpa accountants. cpa firms had 450,200 employees in the latest month, for which data is available, up 23,300 jobs from the year-ago month, or 5.5%.<\/p>\n

meanwhile, non-cpa-owned payroll services and other accounting services showed declines.<\/p>\n

so far, cpas and cpa firms are positioned to gain market share and even grow their business in this economic cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"

your mother was right: “become an accountant and you’ll always make a living.” take a look, for instance, at the latest jobs report from the u.s. department of labor, which showed the overall economy lost 533,000 jobs in november – … continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[5],"tags":[3958,100,2429,252,3962,3961,643,715,572,172,3959,272,226,1416],"class_list":["post-1767","post","type-post","status-publish","format-standard","hentry","category-outlook","tag-cpa-billing-rates","tag-cpa-firm","tag-earnings","tag-recession","tag-fte","tag-headcount","tag-hiring","tag-jobs","tag-pay","tag-payroll","tag-salaries","tag-staff","tag-staffing","tag-wages"],"acf":[],"yoast_head":"\ncpa firms gain amid dismal jobs report - 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