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Job Training & Career Counseling in the US

IBISWorld, April 2011, Pages: 29


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Out of work: As unemployment slowly declines, demand for industry services will suffer

Job Training & Career Counseling in the US

Employment up, demand down

This industry fared well during the recession because of the surge of unemployed people who needed job training and career counseling. Unfortunately for the industry, the economic recovery will spell a downturn for operators over the next five years. As more people return to the workforce, fewer will require the industry's services. Furthermore, the number of people entering retirement or enrolling in college will shrink the pool of potential customers.

This industry is engaged in providing vocational rehabilitation or job counseling and job training to those who are unemployed, underemployed or those with disabilities. Additionally, it also provides service to those who have a job market disadvantage because of a lack of education, job skill or experience.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.




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