{"schema_version": 1, "id": "hattiesburg-ms-msa/finance/2026-10", "product": "Labor Market Pulse", "metro": {"geography_id": 239, "label": "Hattiesburg, MS MSA", "slug": "hattiesburg-ms-msa"}, "focus_area": {"key": "finance", "slug": "finance", "label": "Finance"}, "period": "2026-10", "public_after": "2026-10-01", "frozen_at": "2026-11-03T05:21:05.459622+00:00", "headline": "Hattiesburg finance pay falls as the labor pool shrinks.", "headline_summary": "Metro Controller pay dropped to $91,246 while the national median climbed to $115,420, even as Hattiesburg's labor force contracted and unemployment held at 2.9%.", "key_indicators": [{"label": "Hattiesburg unemployment rate", "value": "2.9%", "context": "August 2026, vs 3.3% Mississippi, 4.1% U.S."}, {"label": "Metro job growth, August", "value": "0 jobs", "context": "Follows +300 in July 2026"}, {"label": "Controller advertised pay gap", "value": "$91,246 vs $115,420", "context": "Metro down significantly vs national up moderately"}, {"label": "CFO turnover rate, national", "value": "18.3%", "context": "Highest since the pandemic (Crist|Kolder)"}], "takeaways": [{"headline": "Controller pay is falling locally while the national market moves up.", "body": "Metro Controller advertised pay sits at $91,246, down significantly, against a national median of $115,420 moving up moderately. That gap widens retention risk for a role central to close and audit readiness, particularly with national CFO turnover at 18.3% pulling talent upward through the pipeline."}, {"headline": "Senior Accountant and Financial Analyst pay is rising against a shrinking labor pool.", "body": "Both roles show significant local pay increases (Senior Accountant up moderately to $79,192, Financial Analyst up significantly to $81,928) even as Hattiesburg's labor force contracts. Advertised pay gains alongside workforce shrinkage suggest employers are bidding up for a smaller available candidate base."}, {"headline": "Tax Specialist pay divergence signals a local market disconnect.", "body": "Metro Tax Specialist advertised pay fell significantly to $37,000 while the national median climbed significantly to $69,556 \u2014 nearly a 2x gap. Current conditions suggest this role may be underpriced locally relative to the specialized skill demand driving national wage gains."}, {"headline": "Contract staffing shift complicates audit documentation planning.", "body": "Nationally, 70% of finance and accounting leaders report increasing contract talent use in H2 2026, a trend relevant to Hattiesburg's thin labor pool. Shifting from FTE to contract models during close and audit cycles can create control and documentation gaps that audit committees will expect finance leaders to address proactively."}], "local_conditions": "Hattiesburg's unemployment rate held at 2.9% in August 2026, but the civilian labor force contracted both month-over-month and year-over-year \u2014 a tightening driven by workforce exit, with zero net job growth recorded for the month. Mississippi's broader pattern of flat-to-declining labor force participation (now 54.7% statewide, lowest since April 2024) compounds the problem for metro employers competing for finance talent against the University of Southern Mississippi, William Carey University, and regional healthcare systems.", "implications": "Flat headcount growth paired with a shrinking labor pool means finance leaders should expect longer requisition timelines for controller and FP&A roles even as unemployment stays low \u2014 tight supply is the constraint. Metro advertised pay for Controller ($91,246) and FP&A Manager ($119,209) both moved down significantly this month even as national medians rose, a divergence that complicates budget planning for close-cycle and audit-critical roles where CFO turnover nationally sits at 18.3%. Consider reviewing whether metro compensation for senior finance roles has drifted far enough below national movement to create retention exposure heading into year-end close and audit prep.", "looking_ahead": [{"category": "Early indicator", "body": "Watch whether Hattiesburg's zero-job-growth August reading extends into a multi-month trend as September/October data releases; a second flat month would confirm structural stagnation relevant to 2027 headcount budgeting."}, {"category": "Emerging pressure point", "body": "Controller and FP&A Manager advertised pay are both moving down locally while national medians rise \u2014 monitor whether this gap widens further, which would suggest Hattiesburg employers are increasingly out of step with the national market for senior finance talent."}, {"category": "Worth watching", "body": "Mississippi's $65B data center investment boom is fragmenting labor pools statewide; track whether this activity reaches Forrest County and begins pulling finance and operations talent away from traditional employers in healthcare and higher education."}, {"category": "Potential inflection point", "body": "National CFO turnover at 18.3% and a 37.5% external hire rate raise vacancy risk during close and audit periods. Local finance leaders should watch succession readiness for controller-level roles given the metro's shrinking candidate pool."}], "roles": [{"role": "Controller", "data_scope": "metro", "metro_p25": 72985.0, "metro_p50": 91246.4, "metro_p75": 112213.0, "metro_trend_direction": "down", "metro_trend_magnitude": "significant", "national_p50": 115420.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}, {"role": "Senior Accountant", "data_scope": "state_rollup", "metro_p25": 73426.0, "metro_p50": 79192.0, "metro_p75": 90579.0, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 87731.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Financial Analyst", "data_scope": "state_rollup", "metro_p25": 62986.0, "metro_p50": 81928.0, "metro_p75": 88500.0, "metro_trend_direction": "up", "metro_trend_magnitude": "significant", "national_p50": 94646.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Billing Specialist", "data_scope": "state_rollup", "metro_p25": 33280.0, "metro_p50": 37977.2, "metro_p75": 45000.0, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 49000.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Tax Specialist", "data_scope": "metro", "metro_p25": 26791.75, "metro_p50": 37000.0, "metro_p75": 37953.0, "metro_trend_direction": "down", "metro_trend_magnitude": "significant", "national_p50": 69556.0, "national_trend_direction": "up", "national_trend_magnitude": "significant"}, {"role": "Credit Analyst", "data_scope": "state_rollup", "metro_p25": 41677.25, "metro_p50": 53234.0, "metro_p75": 61839.0, "metro_trend_direction": "down", "metro_trend_magnitude": "moderate", "national_p50": 71397.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "FP&A Manager", "data_scope": "state_rollup", "metro_p25": 96751.0, "metro_p50": 119209.0, "metro_p75": 128330.0, "metro_trend_direction": "down", "metro_trend_magnitude": "significant", "national_p50": 130000.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}], "industry_snapshot": [], "citations": [{"source_name": "Mississippi Today", "source_url": null, "statement": "Hattiesburg unemployment rate and labor force contraction, August 2026"}, {"source_name": "USA Facts / Bureau of Labor Statistics", "source_url": null, "statement": "Zero job growth in August 2026 following 300-job gain in July"}, {"source_name": "Crist|Kolder Associates", "source_url": null, "statement": "CFO turnover projected at 18.3% in 2026, highest since pandemic"}, {"source_name": "AFP FP&A Forum", "source_url": null, "statement": "70% of finance leaders increasing contract talent use in H2 2026"}, {"source_name": "Bureau of Labor Statistics", "source_url": null, "statement": "Mississippi labor force participation rate at 54.7%, lowest since April 2024"}, {"source_name": "Mississippi Development Authority", "source_url": null, "statement": "$65B in Mississippi data center investment and 23,000 jobs created"}], "methodology": "Advertised pay from active employer job postings, not survey data. WageScape's median is calibrated to correct for spurious low-value postings: distribution analysis shows roughly the lowest 10% of raw values are erroneous entries, so the reported median is the 60th percentile of raw advertised pay.", "edition_label": "November 2026", "files": {"html": "hattiesburg-ms-msa/finance/2026-10.html", "pdf": "hattiesburg-ms-msa/finance/2026-10.pdf"}, "published_at": "2026-11-03T08:22:58.559184+00:00", "report_html_url": "https://reports.wagescape.com/archive/v1/editions/hattiesburg-ms-msa/finance/2026-10.html", "report_pdf_url": "https://reports.wagescape.com/archive/v1/editions/hattiesburg-ms-msa/finance/2026-10.pdf"}