What effect does an economic downturn have on the availability of jobs for teachers?
The economy has a significant effect. When times are good, some teachers leave the profession to earn more money elsewhere. More quit to become full-time nurturers while their spouses earn more money in a stronger economy. Teachers may retire at an earlier age. A weak economy improves retention of credentialed teachers as the fixed income and tenure of the teaching profession becomes more attractive. Older teachers may delay retirement as they seek the security of a higher retirement income. This means fewer jobs for teachers.