{"id":63374,"date":"2019-07-18t12:00:26","date_gmt":"2019-07-18t16:00:26","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=63374"},"modified":"2024-08-14t11:26:51","modified_gmt":"2024-08-14t15:26:51","slug":"hiring-trends-flash-warning-signs-of-slowdown-in-tax-accounting","status":"publish","type":"post","link":"\/\/www.g005e.com\/2019\/07\/18\/hiring-trends-flash-warning-signs-of-slowdown-in-tax-accounting\/","title":{"rendered":"hiring trends flash warning signs of slowdown in tax &#038; accounting"},"content":{"rendered":"<p><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/06\/cpa-trendlines-jobs-report-logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-62457 alignright\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/06\/cpa-trendlines-jobs-report-logo-424x316.jpg\" alt=\"\" width=\"272\" height=\"203\" \/><\/a><strong>cpa firm staffing and wage growth signal weakness.<\/strong><\/p>\n<p><i>by beth bellor<\/i><\/p>\n<p>not only are several sectors in the tax and accounting industry charting new records in employee numbers, but wages often are up as well, according to new 卡塔尔世界杯常规比赛时间 research.<\/p>\n<blockquote><p><b>more on jobs:<\/b> <a href=\"\/\/www.g005e.com\/2019\/05\/08\/charts-tax-accounting-among-biggest-jobs-creators-in-u-s\/\">charts: tax &amp; accounting among biggest jobs creators in u.s.<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"http:\/\/4f2bur4nuye2cgakm2rm61qk.wpengine.netdna-cdn.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2019\/07\/18\/hiring-trends-flash-warning-signs-of-slowdown-in-tax-accounting\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n<p>but key indexes are flashing signs of a decelerating expansion, possibly augering a slowdown, or even cutbacks, in the months to come.<\/p>\n<p><strong>in this report, 卡塔尔世界杯常规比赛时间 highlights:<\/strong><\/p>\n<ul>\n<li>current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry (all data seasonally adjusted)<\/li>\n<li>average hourly wages for key segments<\/li>\n<li>typical hours worked per week<\/li>\n<li>trends concerning women in the accounting workforce<\/li>\n<\/ul>\n<p><!--more-->overall, the national unemployment rate saw little change in june at 3.7 percent, but professional and business services was a bright spot. the sector added 51,000 jobs, more than doubling may&#8217;s increase of 24,000. the industry has been slower in 2019 at growth of 35,000 per month so far, compared to 2018&#8217;s average monthly gain of 47,000.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_63375\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 424px\"><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_overall.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-63375\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_overall-424x213.png\" alt=\"chart of overall employment\" width=\"424\" height=\"213\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_overall-424x213.png 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_overall.png 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_overall-600x302.png 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_overall.png 753w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><\/a><figcaption class=\"caption wp-caption-text\"><strong>^ overall employment<\/strong><\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>specifically, employment in the accounting profession hit a new record of 1,053,900 in june, the fifth straight month of new highs. that was up 3,700 or 0.4 percent for the month and 39,800 or 3.9 percent for the year. although to be sure, monthly hikes have steadily slowed since february\u2019s 4,500.<\/p>\n<p>employees are averaging 36.3 hours per week, flat for the month, and in the same 36.2- to 36.4-hour range they\u2019ve maintained all year. year over year, that reflects an increase of half an hour or 1.4 percent. hourly earnings topped $34 for the first time, at $34.10 up 16 cents or 0.5 percent for the month and 97 cents or 2.9 percent for the year.<\/p>\n<p>staff counts gained for the third straight month and hit a new high of 788,600, up 3,100 or 0.4 percent for the month. year over year the increase was 26,800 or 3.5 percent, respectable but the lowest in 2019, as increases have declined each month since january. after three months at 34.6 and a brief hop up to 34.9, staff hours have settled back to 34.7, down 12 minutes or 0.6 percent for the month but up 36 minutes or 1.8 percent for the year. earnings skipped around a little as well \u2013 $26.39 in february but $26.55 the rest of the year \u2013 until ticking up last month to $26.60, up 0.2 percent for the month and 63 cents or 2.4 percent for the year.<\/p>\n<p><strong>cpa firms<\/strong><\/p>\n<p>cpa firms eked out a new record by 600. figures have grown for five straight months, but only by 8,600 total. increases were 0.1 for the month and 15,600 or 3.3 percent for the year.<\/p>\n<p>employees are working slightly less, 37.3 hours after three straight at 37.6, down 18 minutes or 0.8 percent for the month but up 6 minutes or 0.3 percent for the year.<\/p>\n<p>after dipping under $36 twice this year in an up-down-up-down pattern, earnings stand at $36.16, up 19 cents or 0.5 percent for the month and 63 cents or 1.8 percent for the year. september 2018\u2019s peak of $36.37 isn\u2019t far off \u2026 or is it?<\/p>\n<p>staff at cpa firms dipped for the fourth straight month, to 353,900, down from the record of 355,800 but only by 1,900. the figure was down 500 or 0.1 percent for the month but up 8,500 or 2.5 percent for the year. their hours have floated around the 36 range for the past year, settling most recently at 36.1, down 12 minutes or 0.6 percent for both the month and year.<\/p>\n<p>staff earnings dipped for the second straight month after briefly tapping a new high, and were down 8 cents or 0.3 percent for the month but up 43 cents or 1.6 percent for the year.<\/p>\n<p><strong>tax preparation services<\/strong><\/p>\n<p>tax prep at 104,000 was at its highest point in the last year, marking four months of incremental gains. employment was up 2,800 or 2.8 percent for the month but swung down 2,800 or 2.6 percent for the year.<\/p>\n<figure id=\"attachment_63376\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 424px\"><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_payroll.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-63376\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_payroll-424x217.png\" alt=\"chart of payroll services growth year over year\" width=\"424\" height=\"217\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_payroll-424x217.png 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_payroll.png 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_payroll-600x307.png 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_payroll.png 736w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><\/a><figcaption class=\"caption wp-caption-text\"><strong>^ payroll services growth year over year<\/strong><\/figcaption><\/figure>\n<p><strong>payroll services<\/strong><\/p>\n<p>payroll ticked up 1,800 to a new record of 193,000, the 15<sup>th<\/sup> straight month of growth. that\u2019s up 0.9 percent for the month and 18,400 or 10.5 percent for the year. following a flat month their hours at 35.7 are up 12 minutes or 0.6 percent for the month and 36 minutes or 1.7 percent for the year. payroll earnings reached a new high of $31.57, breaking the april 2016 mark of $31.43. that\u2019s up 40 cents or 1.3 percent for the month and $1.20 or 4 percent for the year.<\/p>\n<p>staff in payroll mimicked the overall pattern, with a record of 161,500 reached by increases of 700 or 0.4 percent for the month and 14,700 or 10 percent for the year.<\/p>\n<p>weekly hours were flat at 34.4, no real surprise because they\u2019ve been at that level five of the last 12 months. year over year, that\u2019s down half an hour or 1.4 percent. earnings continued a trend of teeny hikes, a total of 49 cents over three months. at $27.28, the rate is up 11 cents or 0.4 percent for the month and 62 cents or 2.3 percent for the year.<\/p>\n<p><strong>other accounting services<\/strong><\/p>\n<p>in bookkeeping, employees are regaining ground lost in late 2018 and early 2019. their numbers stand at 262,800, up 2,200 or 0.8 percent for the month and 3,600 or 1.4 percent for the year.<\/p>\n<figure id=\"attachment_63377\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 424px\"><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_womenpayroll.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-63377\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_womenpayroll-424x217.png\" alt=\"chart of women in payroll services\" width=\"424\" height=\"217\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_womenpayroll-424x217.png 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_womenpayroll.png 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_womenpayroll-600x308.png 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/bls2019june_womenpayroll.png 739w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><\/a><figcaption class=\"caption wp-caption-text\"><strong>^ women in payroll services<\/strong><\/figcaption><\/figure>\n<p><strong>women<\/strong><\/p>\n<p>women barely hit a new high, 800 over the previous record, at 666,700. that mark might not stand, as it reflects an increase of 2,600 or 0.4 percent, offsetting the previous month\u2019s 1,800 decline. year over year, the boost was 29,700, or 4.7 percent, but the increases have shrunk in the past two months.<\/p>\n<p>numbers at cpa firms slid for the second straight month, with 300,800 marking a downtick of 2,100 or 0.7 percent for the month but up an uptick of 10,300 or 3.5 percent for the year.<\/p>\n<p>in payroll, women continued four months of steady gains, reaching 97,400, up 3,300 or 3.5 percent for the month and 10,100 or 11.6 percent for the year.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p><a href=\"\/\/www.g005e.com\/?p=63374&amp;preview=true\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-63379 \" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/screen-shot-2019-07-18-at-7.46.10-am.png\" alt=\"\" width=\"173\" height=\"100\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/screen-shot-2019-07-18-at-7.46.10-am.png 378w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2019\/07\/screen-shot-2019-07-18-at-7.46.10-am.png 300w\" sizes=\"auto, (max-width: 173px) 100vw, 173px\" \/><\/a><br \/>\n<strong>cpa firm staffing and wage growth signal weakness.<\/strong><br \/>\n<em>by beth bellor<\/em><\/p>\n","protected":false},"author":796,"featured_media":45973,"comment_status":"closed","ping_status":"closed","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":[2779,5,2374,3120,3002,2297,11,2301],"tags":[928,2429,643,715,572,38,1416],"class_list":["post-63374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charts-graphs","category-outlook","category-pay-compensation","category-pro-member-exclusive","category-special","category-staffing","category-research","category-talent","tag-compensation-and-benefits","tag-earnings","tag-hiring","tag-jobs","tag-pay","tag-salary","tag-wages"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>hiring trends flash warning signs of slowdown in tax &amp; accounting - 卡塔尔世界杯常规比赛时间<\/title>\n<meta name=\"description\" content=\"actionable intelligence for tax, accounting, and financial professionals\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"\/\/www.g005e.com\/2019\/07\/18\/hiring-trends-flash-warning-signs-of-slowdown-in-tax-accounting\/\" \/>\n<meta property=\"og:locale\" content=\"en_us\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"hiring trends flash warning signs of slowdown in tax &amp; accounting - 卡塔尔世界杯常规比赛时间\" \/>\n<meta property=\"og:description\" content=\"actionable intelligence for tax, accounting, and financial professionals\" \/>\n<meta property=\"og:url\" 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