Individuals working finance jobs and accounting jobs are feeling confident about the industry they work in—offering heartening news for students and others considering applying to jobs within the field.
The overall confidence among finance and accounting workers stayed "virtually unchanged" throughout the fourth quarter of 2013, according to a report from Randstad Professionals. That firm's latest Finance & Accounting Employee Confidence Index report noted that confidence among workers in those fields dropped by only a single point during the time period studied. The report also noted that there was a boost in optimism among workers regarding whether or not they feel they could currently find new employment. Nearly 60 percent of respondents noted that they feel they would surely be able to find accounting jobs or finance jobs if necessary.
Rebecca Callahan, group president of Randstad Professionals, noted that these figures constitute some of the highest confidence ratings recorded for any tracked profession.
"Despite the small dip in overall confidence, finance and accounting workers still reported one of the highest overall levels when compared to other industries tracked," she claimed. "In fact, we are seeing many opportunities for candidates across various geographies and industries, especially for public accountants and accounting managers in 2014 … Additionally, while industry certifications certainly increase worker employability, we are also seeing employers seek more rounded attributes, such as strong communication and analytical skills."
According to the Randstad study, a large number of individuals plan to go on the hunt for new finance jobs, as well. The report noted that more than 30 percent of individuals working in the industry are planning to start a job search sometime in the next 12 months.
Retirements are helping finance job openings to increase
The findings from Randstad aren't the only figures suggesting that the availability of jobs in the finance industry is rising. Margaret Clark, business finance program chairwoman at Cincinnati State, recently spoke to the Zanesville Times Recorder about the availability of finance jobs in the current climate.
"The large number of baby boomers retiring is one reason jobs are growing," she explained to the news outlet. "The financial crisis also caused people to look closely at what they'll have for retirement … Employers are looking for people who understand numbers and can sell, too. It is not just being good at math."