{"id":7943,"date":"2010-08-11t12:46:37","date_gmt":"2010-08-11t16:46:37","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=7943"},"modified":"2024-11-19t21:35:30","modified_gmt":"2024-11-20t02:35:30","slug":"when-will-accounting-firms-be-ready-to-start-hiring-again","status":"publish","type":"post","link":"\/\/www.g005e.com\/2010\/08\/11\/when-will-accounting-firms-be-ready-to-start-hiring-again\/","title":{"rendered":"when will accounting firms be ready to start hiring again?"},"content":{"rendered":"<p><strong>firms maintain headcounts 4% smaller than last year and 8% off pre-recession peak.<\/strong><\/p>\n<p><em>by rick telberg<\/em><\/p>\n<p>while the rest of the u.s. economy shed 131,000 jobs in july, sparking fears of a double-dip recession, rosters at accounting and bookkeeping services remained unchanged from the month before at a seasonally-adjusted 893,200 workers. that&#8217;s the good news.<\/p>\n<figure id=\"attachment_7951\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 450px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7951 \" title=\"accounting and bookkeeping - all emps\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-bookkeeping-all-emps3-e1281541376567.jpg\" alt=\"\" width=\"450\" height=\"233\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-bookkeeping-all-emps3-e1281541376567.jpg 450w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-bookkeeping-all-emps3-e1281541376567-300x155.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-bookkeeping-all-emps3-e1281541376567-190x98.jpg 190w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><figcaption class=\"caption wp-caption-text\">accounting and bookkeeping services, total employment (by month, in thousands)<\/figcaption><\/figure>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">the bad news:\u00a0 july&#8217;s employment for the industry represented a 3% decline from the year-ago month, and, possibly, an acceleration in job losses because the 3% year-to-year decline in july followed a 2.8% year-to-year decline in june, 2.9% may-to-may, and 1.8% for both march and april.<\/p>\n<p style=\"text-align: left;\"><!--more-->seasonally-adjusted total industry employment peaked in january 2008 at 970,100 workers, making the workforce in july about 7.9% smaller, according to the latest employment situation report from the u.s. bureau of labor statistics.<\/p>\n<p><strong>without the seasonal adjustments, <\/strong>the bureau of labor statistics counted 818,000 employees at accounting and bookkeeping services, representing a fractional decline from june&#8217;s 818,400.<\/p>\n<figure id=\"attachment_7954\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 450px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7954 \" title=\"accounting and booking not seas adj july 2010\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-booking-not-seas-adj-july-2010-e1281542833814.jpg\" alt=\"\" width=\"450\" height=\"229\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-booking-not-seas-adj-july-2010-e1281542833814.jpg 450w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-booking-not-seas-adj-july-2010-e1281542833814-300x152.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/accounting-and-booking-not-seas-adj-july-2010-e1281542833814-190x96.jpg 190w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><figcaption class=\"caption wp-caption-text\">accounting and bookkeeping employment, not seasonally adjusted<\/figcaption><\/figure>\n<p>year to year, july&#8217;s 818,000 number represented a 3.4% decline from the year-ago july and the lowest number since 1.099 million in february 2008.<\/p>\n<p><strong>in cpa firms specifically,<\/strong> the bls counted a non-seasonally-adjusted 391,700 employees for june, the latest month available, representing\u00a0 a marginal decline from may&#8217;s 392,700 and a 3.7% drop from the year-ago month. employment peaked at cpa firms with 445,400 employees in february 2008.<\/p>\n<figure id=\"attachment_7957\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 450px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7957\" title=\"cpa offices employment thru june 2010\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/cpa-offices-employment-thru-june-2010-e1281543770179.jpg\" alt=\"\" width=\"450\" height=\"230\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/cpa-offices-employment-thru-june-2010-e1281543770179.jpg 450w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/cpa-offices-employment-thru-june-2010-e1281543770179-300x153.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/cpa-offices-employment-thru-june-2010-e1281543770179-190x97.jpg 190w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><figcaption class=\"caption wp-caption-text\">cpa offices, all employees, thousands<\/figcaption><\/figure>\n<p><strong>at tax preparation services,<\/strong> non-seasonally-adjusted employment sank to 50,300 workers, down 19% from the month before and 5.8% from the year before.<\/p>\n<figure id=\"attachment_7958\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 450px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7958\" title=\"tax prep june 2010\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/tax-prep-june-2010-e1281544040105.jpg\" alt=\"\" width=\"450\" height=\"238\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/tax-prep-june-2010-e1281544040105.jpg 450w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/tax-prep-june-2010-e1281544040105-300x158.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/tax-prep-june-2010-e1281544040105-190x100.jpg 190w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><figcaption class=\"caption wp-caption-text\">tax prep services, all employees, thousands<\/figcaption><\/figure>\n<p><strong>payroll services<\/strong> continued their long, bumpy decline in june with 152,400 workers, a 0.7% dip from may, but a 0.5% gain from the year-ago month.<\/p>\n<figure id=\"attachment_7960\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 450px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7960\" title=\"payroll services, all employees, thousands\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/payroll-services-all-employees-thousands-e1281544398780.jpg\" alt=\"\" width=\"450\" height=\"232\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/payroll-services-all-employees-thousands-e1281544398780.jpg 450w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/payroll-services-all-employees-thousands-e1281544398780-300x154.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/payroll-services-all-employees-thousands-e1281544398780-190x97.jpg 190w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><figcaption class=\"caption wp-caption-text\">payroll services, all employees, thousands<\/figcaption><\/figure>\n<p><strong>in the bls&#8217;s catch-all &#8220;other accounting services,&#8221;<\/strong> june employment declined 1.1% to 224,000 from may and 5.8% from the same month a year before.<\/p>\n<figure id=\"attachment_7962\" class=\"thumbnail wp-caption aligncenter\" style=\"width: 450px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7962\" title=\"other accounting services, all employees, thousands, june 2010\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/other-accounting-services-all-employees-thousands-june-2010-e1281544698615.jpg\" alt=\"\" width=\"450\" height=\"235\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/other-accounting-services-all-employees-thousands-june-2010-e1281544698615.jpg 450w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/other-accounting-services-all-employees-thousands-june-2010-e1281544698615-300x156.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/08\/other-accounting-services-all-employees-thousands-june-2010-e1281544698615-190x99.jpg 190w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><figcaption class=\"caption wp-caption-text\">other accounting services, all employees, thousands<\/figcaption><\/figure>\n<p style=\"text-align: center;\"><strong>so when will firms start hiring again?<br \/>\ntell us in <a href=\"\/\/www.g005e.com\/2010\/08\/11\/when-will-accounting-firms-be-ready-to-start-hiring-again\/#respond\"><span style=\"text-decoration: underline;\">comments<\/span><\/a>.<\/strong><\/p>\n<p>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>firms maintain headcounts 4% smaller than last year and 8% off pre-recession peak. by rick telberg while the rest of the u.s. economy shed 131,000 jobs in july, sparking fears of a double-dip recession, rosters at accounting and bookkeeping services &hellip; <a href=\"\/\/www.g005e.com\/2010\/08\/11\/when-will-accounting-firms-be-ready-to-start-hiring-again\/\">continued<\/a><\/p>\n","protected":false},"author":17,"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":[5,2297],"tags":[252,643,715,226],"class_list":["post-7943","post","type-post","status-publish","format-standard","hentry","category-outlook","category-staffing","tag-recession","tag-hiring","tag-jobs","tag-staffing"],"acf":[],"yoast_head":"<!-- this site is optimized with the 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