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Industry Outlook

The job market for teachers and education-related jobs varies depending on the economy. There will always be a need for educators, but the competition for jobs in more desirable school districts with higher budgets and more resources will continue to be strong. Overall, however, positive growth is expected for the education industry in the coming years, according to a BMO Capital Markets Report entitled "Equity Research: Education and Training." The for-profit education sector has grown slowly in the past but is expected to show more growth going forward, specifically growing at an annual rate of 4.1 percent in revenue through 2019, outpacing the not-for-profit education sector. The report also found that while the recent recession decreased the demand for private childcare, K–12, and corporate training services, postsecondary educational organizations benefited.

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