Finance Employees Are Fastest-Growing Segment of Local Government Workforce.

Local governments in nearly all states reported slight increases in staffing for accounting, budgeting and other areas of public finance.

Most local governments haven’t been on hiring sprees lately. But one area where they appear to be adding employees is finance.

The latest data from the Census Bureau’s Annual Survey of Public Employment and Payroll shows that employees working in finance-related roles increased 5.4 percent between 2014 and 2017. While that might not be a big jump, it’s significant in that it’s the highest of any workforce category tracked in the Census survey.

Finance jobs peaked in 2008, subsequently declined as governments made recession-era cuts and then changed little until 2016. Since then, they’ve expanded at roughly double the rate of total local public-sector employment when education jobs are excluded. Other areas of local government experiencing noticeable growth, albeit at a slower pace, include transit, fire departments, parks and recreation.

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GOVERNING.COM

BY MIKE MACIAG | NOVEMBER 6, 2018



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