- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
- The Importance of Good Breadth
- Your First Move For Friday November 27th
- How Big Money Rules the Markets
- Web Extra: Private Equity, Conviction Buy?
- Follow the Leader
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
MOST SHARED
- Gold Retreats from Record High as Dollar Rebounds
- Kuoni CEO Sees Recovery in Travel Sector
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Fannie Mae to Tighten Lending Standards: Report
- Judge Erases Couple's $525,000 Mortgage Payment
- China Unveils Carbon Target Ahead of Copenhagen
- Wal-Mart Price Pressure Hurts China Workers: Report
- Hyundai-Kia Targets Rapid China Growth in 2010
RSS FEED
Text Size 
During President Obama's first formal address to Congress last night, Mr. Obama emphasized his administration's plans to invest in education. Indeed, President Obama asked "Every American to commit to at least one year or more of higher education or career training." At a time when the unemployment rate stands at 7.6 percent, its highest level since 1992, the need to Improve American workers' skills is among the top priorities of the current administration.
"Countries that out-teach us today will out-compete us tomorrow," the President said, highlighting the importance for America to keep up with other nations. The US currently has one of the highest high school dropout rates among industrialized nations, while three-quarters of the fastest-growing occupations require more than a high school diploma, Mr. Obama added. The President set a goal that by 2020 the US should have the highest proportion of college graduates in the world.
The President's goal fits with a long-term trend in growth of education in this country. While the unemployment rate hit 17-year highs, educational services jobs have been surging.
 |
Since the market peak in October 2007, the education sector has seen job growth in 13 of the past 16 months and has added 150.5 thousand jobs overall, a gain of 5%. In fact, a number of educational stocks have been showing upward trends in the past few months and some are hitting new 52-week highs. Career Education, for example, is trading above its 52-week high, gaining nearly 40% in the past three months. Will President Obama's goal for 2020 give an additional boost to some of these stocks?
Companies providing educational services include:
 |
Send comments to
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
Data is a real-time snapshot *Data is delayed at least 15 minutes