In 2020 it was predicted that there would be a shortage of accountants. We are now seeing the 2021 accountant shortage take effect. The U.S. Bureau of Labor Statistics reports that year-over-year growth for accounting and bookkeeping services is down almost 2%.
Baby boomers are retiring and millennials do not seem as interested in this career path. Check out this podcast for additional information from Daniel Litwin https://marketscale.com/industries/promoted-content/accounting-shortage-on-the-horizon.
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