Employment of taxi drivers and chauffeurs is projected to grow 20 percent from 2010 to 2020, faster than the average for all occupations.
Job growth is expected to be driven by an increase in demand for taxi drivers. Taxis generally complement public transit systems well, because people who regularly take a train or bus are more likely to use a taxi than would people who drive their own car. Therefore, as public transport systems grow, the demand for taxis should grow.
Paratransit is expected to grow rapidly. The growing number of elderly people who wish to remain independent should increase use of these types of services to get around. Some growth will also come from federal legislation that requires transit agencies to offer paratransit services for the elderly and people with disabilities.
On the other hand, the employment growth for chauffeurs is expected to be held back by reductions in corporate travel.
Job prospects for taxi drivers and chauffeurs should be excellent. The occupation has low barriers to entry and a lot of turnover. Applicants with a clean driving record and flexible schedules should have the best chance of being hired. Most taxi drivers and chauffeurs work in metropolitan areas, and those areas that are experiencing fast economic growth should offer the most job opportunities.
Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition