Jobs and industry growth can often feel uncertain these days, but child care is a booming industry that you can count on for a future-proof career.
Now is the time to look into child care courses, and get ready to join Australia the country’s ever-growing industry. In fact, it is anticipated that the child care industry will generate more than $12 billion in revenue this financial year – up 12 per cent on last year.
Over the past decade there has been plenty of growth in child care facilities to match demand – for example, in 2010 there were about 5900 long-term child care centres, and now seven years later, there are well over 6800.
Continual growth means there’s never been a better time to start child care courses
The child care services industry now employs more than 173,000 people across almost 10,500 businesses in Australia. Over the past five years alone, the industry has grown at an annualised rate of 14.3% and is expected to keep showing positive growth.
There really has never been a better time to be a part of the child care industry – especially in light of the flexibility and employment options that are available. At Practical Outcomes, we offer a range of child care courses equipping graduates with a variety of skills to satisfy a range of career options.
Why is the child care industry so strong?
Today, roughly seven per cent of Australia’s population is made up of children and around 1.2 million children aged 12 and under will likely attend some form of government-approved or government-funded service in the child care services industry between 2016-17.
And the number of young children in our population is set to rise. New research suggests that the number of children aged 0-4 will rise 34.4 per cent across Sydney, Melbourne and Brisbane over the next two decades (and has already jumped by 17 per cent in the last ten years).
Meanwhile, the Australian Government shows strong support to parents through child care fee subsidy incentives, designed to support working parents.
From mid-2018, the government intends to spend $10 billion each year on child care.
What does the child care industry boom mean for you?
If you’re seeking a new career, or a career change, the child care industry can provide you with an exciting and fulfilling future. Compared to some other industries in Australia, the child care sector is proving to be a promising and ever growing presence – and one which many are now keen to be a part of.