While the job market for accountants may be good when the economy is up, with more businesses starting out needing financial help, some accountants are finding their careers are just as buoyant when the economy is down.
James Jenkins, an accountant who works in Detroit’s Southfield area, said he’s busy now that he’s entered the “recession-management business,” the Detroit Free Press reports. This may be especially true with tax season in its final couple of weeks.
The accountant said companies want financial advice on how to keep mum on tax bills. “When things go badly, there’s even more pressure not to pay taxes,” Jenkins told the news provider.
One element of the job that may be particularly satisfying is that Jenkins helps management, as opposed to replacing people within the company, according to the article.
Careers in accounting are expected to grow by 18 percent through 2016, according to the Bureau of Labor Statistics. Along with that is the projected number of approximately 226,000 new jobs that will emerge in the next decade.