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Election Spotlight: Education Sector

Little would change for education under an Obama second term, but Romney has plans for sweeping changes to K-12 and higher education should he occupy the White House.By IBISWorld Senior Analysts Kevin Culbert and Nikoleta Panteva  In April of 2012, Presidential-hopeful Mitt Romney backed President Barack Obama’s education platform – a portion of it, anyway. The rivals both supported the extension of low interest rates on student loans, which were scheduled to increase from 3.4% to 6.8% on July 1, 2012. With some compromise, Congress approved the interest rate extension on June 29, 2012.

Labor Shortages A Reality

Despite still-high unemployment levels nationwide, some industries are scraping the bottom of the barrel for qualified employees.By IBISWorld Analyst Andrea Alegria Despite the fact that unemployment levels remain high in most parts of the country, employers in some industries are actually having a hard time finding enough workers. At the end of March, the national unemployment rate dropped to 8.3%, from a peak of 10.0% in 2010 but still much higher than the low of 4.4% at the end of 2006. Still, employers in sectors including mining, software publishing and nursing care are struggling

The Future of Trade Schools

Industry risk is expected to rise over the next five years due to growing scrutiny of the for-profit education sectorBy IBISWorld Senior Analyst Kevin Culbert As Seen in the "ABA Journal " Trade and technical schools  have experienced relatively strong growth during the five years to 2012. Unlike most industries across the United States, the recession had few negative effects on the industry. In fact, given the high national unemployment rate, many workers felt

Insider’s Corner Q&A

IBISWorld catches up with Hamilton Galloway at Economic Modeling Specialists Inc. to find out firsthand what's going on within his industry.IW: What challenge do you and Economic Modeling Specialists Inc.  (EMSI) face right now?  HG:  As the discipline of regional planning and strategy development is changing to be centered on sector strategies—i.e., alignment of economic development, workforce development, education and private sector resources—the need for both micro-level data and macro-level data is imperative to provide leadership and decision-makers

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