Accounting Faces Reckoning After Years of Sluggish Pay Growth | New York Times
Companies and accounting firms are shelling out bonuses and boosting salaries to recruit and retain CPAs amid staff shortages and record turnover.
The economist David Rosenberg says it’s not just possible but likely that the U.S. economy will fall into a recession this year, partly because, he says, the Federal Reserve will go too far in raising interest rates to fight inflation, which is at a 40-year high.
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