The unemployment rate has fallen slightly and there’s been an increase of around 130,000 jobs in the economy. However, I am still skeptical. I’m not seeing improvements in the accountancy job market and with AI becoming more and more advanced and widely-used, I still have huge concerns about my own career. Am I being dramatic or are my worries valid?

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Your worries are valid.

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These are valid concerns. It’s positive that unemployment rates are falling and jobs are being added. Just going to be a slow way forward. We didn’t see the fall overnight. We won’t see things improve overnight either.

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If they are increasing in our sector specifically, it’s not to a point that I’m seeing either. I’m thinking we’ll see growth, but not in traditional jobs. More strategy roles that are AI-focused or something like that are what I’m thinking.

Also not seeing any differences in the job availabilities in this market..

I think it's quite a common theme unfortunately

You're not being dramatic. The headline numbers include a lot of jobs that aren't in this field or at your level. Aggregate employment increasing =/= more accountants are being hired, and it definitely doesn't address what AI is doing to the field.

Well that's the thing isn't it, it's hard to feel optimistic even when total jobs are increasing because it doesn't affect me directly and I don't actually see any benefit of it

We‘re facing white collar profession recession. But I believe the conditions will improve at slow pace

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