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Industry Outlook

Employment for accountants and auditors is expected to grow by 6 percent from 2021 to 2031, according to the U.S. Department of Labor (DOL), or about as fast as the average for all careers. This growth is expected to translate into 81,800 job openings for accountants. The DOL says that “globalization, a growing economy, and a complex tax and regulatory environment are expected to continue leading the strong demand for accountants and auditors.” Robert Half Finance and Accounting reports that "public accountants and auditors are in very high demand. To help address it, many firms are recruiting accounting students early in their college careers—and even upping original starting salary offers as the hiring market grows more competitive. Firms are frequently offering sign-on bonuses to attract more experienced candidates.” Robert Half also identifies the following careers as in-demand: accounts payable/receivable clerk, auditor, bookkeeper, compliance analyst, controller, financial analyst, payroll manager, senior accountant, staff accountant, and tax accountant.

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