With the labor market taking a hit from the global economic downturn, those looking to get on the career ladder could benefit from focusing on growth areas, such as accounting. The Boston Channel reports that many industries are currently enduring cut-backs and lay-offs - and some experts concede that some sectors have undergone a dramatic reversal in job prospects compared to a year ago. However, there are some areas still experiencing growing demand for qualified graduates - and accounting is one of them. This is partly because accountants, bookkeepers and auditors are employed in every industry and at every level of government, the Department of Labor said. According to its statistics, there were 2.1 million jobs linked to the profession in the United States in 2006 and job prospects are expected to remain good up to 2016 because of new hires and the retirement of those already working in the sector. Earnings for those working in accounting, bookkeeping and auditing in May 2006 were $30,560, with variations by specific job role and location.  |