On the job: A low level of volatility is expected to preserve profit over the next five years, supporting industry growth
The Job Training and Career Counselling industry in Canada provides job training and counselling to the unemployed, underemployed, and disabled, as well as offering social services to those disadvantaged because of a lack of education, skills, or experience. Federal and provincial governments' funding for workforce development is a crucial revenue stream for the industry. Government assistance for industry services has grown over the five years to 2023, resulting in more significant funding for industry operators. Overall, industry revenue has been rising an annualized 1.2% over the past five years, and is expected to reach $3.1 billion in 2023. This includes a 0.3% increase in 2023 alone.
This industry provides job training and counselling to the unemployed, underemployed and disabled. Companies also provide services to people that are disadvantaged because of a lack of education, skills or experience. This industry includes work experience centres such as sheltered workshops, where mentally or physically disabled individuals gain work experience in a managed environment. The industry does not include vocational training in trade and technical schools.
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
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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