An article in the Washington Business Journal details the growth of the translation and interpretation industry due to both to globalization and the increasing number of non-English speakers in the U.S.
According to the American Translators Association, in the past 10 years, the $11 billion translating and interpreting industry has experienced tremendous growth, increasing at a rate of 10 percent to 15 percent annually.
The Bureau of Labor Statistics predicts this growth will continue. Translation and interpretation is expected to increase at a rate of 24 percent over the period of 2006 to 2016, a rate of growth significantly higher than the average for other occupations.
The article also mentions that, while the industry is growing rapidly, the U.S. is behind Europe in programs to train and certify translators and interpreters.
To read the article, click here.