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Career change: As unemployment decreases, demand for job services will suffer



Abstract

Job Training & Career Counseling in the US

During the recession, the government infused millions of dollars into the Job Training and Career Counseling industry in hopes of providing unemployed individuals with new skills and the means to find employment. However, as the unemployment rate lowers and the overall economy improves, governments are reducing their budgets for these services. Over the next five years, unemployment is expected to continue gradually declining as consumer sentiment and business profit improve. This industry will face declines as government funding reduces due to spending cuts and budget imbalance. However, there will still be a need for job trainers and career counselors as Americans look to the industry for help in advancing their careers throughout an extended recovery in unemployment. Furthermore, as the rate of veterans returning home from war increases, demand for these services will also increase as one of the functions of the Job Training and Career Counseling industry is to help veterans gain employment.

This industry provides vocational rehabilitation or job counseling and training to those who are unemployed, underemployed or those with disabilities. Operators also provide services to those who have a job market disadvantage due to a lack of education, job skills 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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Table Of Contents

Job Training and Career Counseling in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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