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Job Training & Career Counseling in the US Industry Data and Analysis
Job training and career counseling providers are critical in workforce development, particularly for underserved and economically disadvantaged populations. Ongoing structural challenges in the labor market, including long-term unemployment, skills mismatches and barriers to employment for youth, veterans and individuals with limited education, support the need for providers regardless of economic conditions. In recent years, shifting industry requirements, infusions of federal funding and increasing interest in affordable alternatives to four-year degrees have supported underlying demand. Unprecedented swings in labor market dynamics, ranging from COVID-19 to rising interest in vocational skills, have highlighted the importance of job training and career counseling providers and expanded their revenue opportunities. Collectively, these trends have supported the industry’s expansion, with revenue rising at a CAGR of 1.1% to an estimated $17.1 billion over the past five years.
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What's included in this industry analysis
IBISWorld's research coverage on the Job Training & Career Counseling industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
About this industry
What's this industry report about?
The Job Training & Career Counseling industry in the United States operates under the NAICS industry code 62431. Job training and career counseling organizations help individuals with disabilities or other employment barriers gain the skills, counseling and job placement support needed to enter or reenter the workforce. This can include job training, sheltered workshop and career assessment services provided by nonprofits, government agencies or private providers. Related terms covered in the Job Training & Career Counseling industry in the United States include employment and training administration, american recovery and reinvestment act and rehabilitation act of 1973.
What's included in this industry?
Products and services covered in Job Training & Career Counseling industry in the United States include Career Counseling for the general population , Vocational rehabilitation services for older adults and persons with disabilities and Job training for the general population.
What companies are included in this industry?
The Job Training & Career Counseling industry in the United States is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Job Training & Career Counseling industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Job Training & Career Counseling industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Job Training & Career Counseling industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Job Training & Career Counseling industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Job Training & Career Counseling industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Job Training & Career Counseling industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Job Training & Career Counseling industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Job Training & Career Counseling industry in the United States.
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Frequently Asked Questions
What is the market size of the Job Training & Career Counseling industry in the United States in 2026?
The market size of the Job Training & Career Counseling industry in the United States is $17.1bn in 2026.
How many businesses are there in the Job Training & Career Counseling industry in the United States in 2025?
There are 15,182 businesses in the Job Training & Career Counseling industry in the United States, which has grown at a CAGR of 0.0 % between 2020 and 2025.
How may import tariffs affect the Job Training & Career Counseling industry in the United States?
The Job Training & Career Counseling industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Job Training & Career Counseling industry in the United States?
The Job Training & Career Counseling industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Job Training & Career Counseling industry in the United States grown or declined over the past 5 years?
The market size of the Job Training & Career Counseling industry in the United States has been growing at a CAGR of 1.1 % between 2020 and 2025.
What is the forecast growth of the Job Training & Career Counseling industry in the United States over the next 5 years?
Over the next five years, the Job Training & Career Counseling industry in the United States is expected to grow.
What does the Job Training & Career Counseling industry in the United States include?
Career counseling for the general population and Job training for the general population are part of the Job Training & Career Counseling industry in the United States.
How competitive is the Job Training & Career Counseling industry in the United States?
The level of competition is moderate and steady in the Job Training & Career Counseling industry in the United States.
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