Recession Underscores Need for Education


05 April 2010
 False
Effie Hightower-Thurman had worked as an accountant for 20 years -- without a college degree. But in a twist, in May 2009, she was asked to train a successor based in India. Then she was laid off and has been out of work since.

After applying at hundreds of companies and registering with 10 temporary hiring agencies in Chicago, Hightower-Thurman has not been offered a job, the Chicago Tribute reports. The main reason is her lack of bachelor's degree in accounting, employment experts say. So with the daily pressure of looking for jobs, she's also up for some schooling, the Chicago Tribune reports.

Hightower-Thurman has applied for the Trade Adjustment Assistance, a federal financing program aimed at helping workers whose jobs have been outsourced. She told the newspaper that she is planning to use the educational assistance to go to college and earn a degree in accounting.

The U.S. Bureau of Labor Statistics reported that the accounting industry is expected to grow by 22% through 2018, but job-seekers like Hightower-Thurman who do not hold a degree in accounting or a related field are at a disadvantage. Opportunities are "favorable" for those who have earned professional recognition through certification or licensure, it added.ADNFCR-1502-ID-19704088-ADNFCR

Related Articles
Firms Give Green Light for Accounting Careers
Students taking new paths to careers in business
Source: Half of financial analysts enter career immediately after college
Careers in Finance Can Produce Sports Champions
Careers in Finance Require Degrees, Resilience
 

MEMBERSHIP AND ACCREDITATION

A Member of Professional Association of Resume Writers and Career Coaches
Member Of international Association of Employment Web Sites
North America LiveCareer, Inc., Resume Service, San Francisco, CA




Search Articles: