Educational Enrollment

Despite falling exports, rising inventories, declining industrial production, poor corporate profit growth and weak corporate investment, the labor market is strengthening. The number of students enrolled at four-year for-profit colleges and two-year public colleges, both educational institutions that cater to older students, declined 4.9% and 3.9% respectively. Conversely, enrollment at four-year public and private schools barely budged. This is a manifestation of slack being worked off in the labor market.