Job Training & Career Counseling in the US - Industry Market Research Report
Description
Job Training & Career Counseling in the US
Small, nonprofit establishments provide most job training and career counseling services. Company profit margins are thin, so federal funding and numerous programs supporting these needed services are vital. Before COVID-19, the number of industry establishments was on the decline. But with government aid to help the struggling economy to retool and retrain, establishment numbers rose. Corporate profit rebounded post-COVID-19 and a pivot occurred. The industry that benefited from funding in the downturn was poised to recover with the new remote economy. These changes caused industry-wide revenue volatility over the period. Revenue has grown at a CAGR of 1.8% to $18.0 billion over the five years to 2023, when revenue declined 2.3% following a 9.1% jump in 2022.
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 that 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.
Small, nonprofit establishments provide most job training and career counseling services. Company profit margins are thin, so federal funding and numerous programs supporting these needed services are vital. Before COVID-19, the number of industry establishments was on the decline. But with government aid to help the struggling economy to retool and retrain, establishment numbers rose. Corporate profit rebounded post-COVID-19 and a pivot occurred. The industry that benefited from funding in the downturn was poised to recover with the new remote economy. These changes caused industry-wide revenue volatility over the period. Revenue has grown at a CAGR of 1.8% to $18.0 billion over the five years to 2023, when revenue declined 2.3% following a 9.1% jump in 2022.
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 that 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.
Table of Contents
37 Pages
- 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 & MARKETS
Supply Chain
Products & 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 & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
