140,300 new accounting and auditing jobs predicted by 2026

Approximately 140,300 new jobs for accountants and auditors are expected to be created by the year 2026, according to a new forecast.

The Knowledge Academy, a training and qualification provider, analyzed the findings from a Glassdoor report, “What’s Ahead for Jobs? Five Disruptions to Watch in 2018,” and estimated the number of jobs expected to grow the most by 2026. It found that the U.S. will see large growth in tech-related roles in non-tech industries such as finance, consulting and retail. However, many traditional jobs will also increase through the ranks as technology continues to develop.

The expected job gains come despite fears that artificial intelligence and automation will eliminate jobs in many sectors. AI is already helping the accounting, auditing and financial sectors, as well as many others. A recent study by the Pew Research Centre found that 48 percent of Americans are somewhat worried their job could be taken over by a robot and 25 percent are very worried at this prospect. Despite those fears, the unemployment rate is at its lowest point since 1969. According to the U.S Bureau of Labor Statistics, the unemployment rate in October was 3.7 percent, with the number of unemployed people in the U.S. around 6.1 million.

Besides accounting and auditing, other sectors are expected to gain an even greater number of jobs by 2026, according to The Knowledge Academy. They include home health and professional care aides (1.1 million new jobs), waiters, food service and cooks (907,700 new jobs), registered nurses (437,000 new jobs), software developers (253,400 new jobs), janitors and cleaners (233,000 new jobs), operations managers (205,900 new jobs), medical assistants (184,600 new jobs), nursing assistants (164,000 new jobs), and construction laborers (153,300 new jobs).