Out of work club

[TeePee4Prez]

It is how it sounds.  I know I'm not the only one to lose a job on here recently so this is for those who are also out of work.  What industry were you in?  What did you do?  How long have you been out of work? 

CPA firm.  Mostly tax preparation/compliance with some planning.  Yep, I did everything- individuals, businesses, estates/trusts for Federal, State, and Local entities.  I was also involved in some financial statement audits, reviews and compilations.  Been out for almost 8 months, but hiring season is on the horizon for me and firms/recruiters are popping up.

[TeePee4Prez]

I'm graduating in December and taking the bar exam in February.  I'll then be joining the "Out of Work Club".

No offers?  Wow and I was thinking of law school, namely a JD/LLM in Taxation to become a Tax Attorney to make my resume look more attractive and secure a higher paying job.  My friend only got 1 out of Temple Law, but that was 2008.  Passing the bar will definitely help.  I'm still waiting on 2 parts of the CPA exam and hopefully I'll be finished with that.  Thankfully I have some experience so I have a leg up on the recent graduates.

[TeePee4Prez]

I'm graduating in December and taking the bar exam in February.  I'll then be joining the "Out of Work Club".

No offers?

Nope, the legal industry has been hit just as hard as the financial industry.  I don't go to a Top Tier school, and I'm not ranked in the top 10% of my class, so I'm basically in a holding pattern for the time being. 

It's been pretty bad, regardless.  I have a friend who graduated cum laude from my school in May 2008 and had trouble finding a job.  I have another friend who graduated from Albany Law that same May and he's still out of work. 

You must be logged in to read this quote.

I would highly recommend it.  Two areas of law that are highest in demand are tax law (because tax attorneys usually need an accounting degree; a lot are CPAs) and patent law (patent attorneys have hard science degrees, and have to pass the patent bar). 

I just starting taking "Federal Income Taxation: Individual" and I love it.  Unfortunately, instead of getting the more worthwhile Accounting degree in college, I was lazy and got a Finance degree.  My school offers an LLM in Tax.  I've briefly considered it, but I'm not sure right now. 

I believe there's a tax attorney who posts here.  I think it's BullMoose, if you want to hit him up for info. 

You must be logged in to read this quote.

Good for you, buddy.  You'll be in good shape once the smoke clears. 

It seems really education and health are the only 2 that aren't losing right now.  Law/Accounting/Finance seem to be the mid-tier right now in the sense they're "kinda" getting killed.  I think in our cases it's a cyclical, rather than a structural thing.  With manufacturing and the auto industry.. well.. you're just screwed and it's structural- should retrain.  Construction is a hard one for me- Residential/Commercial Building yeah.. NEXT, but infrastructure should be HUGE.

The other, and probably less expensive and academically challenging option is the MBA/MS in Taxation which Philadelphia University offers.  I'm definitely more of a quantitative thinker rather than a verbal one I'll admit, but I'm not bad on the latter.  Thing is a CPA/JD/LLM in Taxation could make in the low 100s to start in the Philly area.  Might be worth the debt, but I have to run the numbers.

[TeePee4Prez]

Just pointing out that there are plenty of opportunities.

Oh really? Doing what?

(obviously there are not plenty of opportunities or we'd be having full employment)

Uhh.. yeah.. Say can he be my recruiter?  If he is I'm all ears.

The past few places I interviewed at that I got good feedback from I was a "finalist" out of many applications.  And this is the unsexy field of tax accounting, not American Idol.

[TeePee4Prez]

Just pointing out that there are plenty of opportunities.

Oh really? Doing what?

(obviously there are not plenty of opportunities or we'd be having full employment)

Uhh.. yeah.. Say can he be my recruiter?  If he is I'm all ears.

The past few places I interviewed at that I got good feedback from I was a "finalist" out of many applications.  And this is the unsexy field of tax accounting, not American Idol.

Well, I'm only 18 but I work at a construction company, a recording studio, and in a couple of weeks, a clothing store.

I was being sarcastic.