I think that the bubble has burst in the sense of numbers and naivity. There was a period a while ago where these training agencies seemed to be opening up everywhere.
However, I do think that there are some fundamental changes to the way training is structured.
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Back in the day, you either started training to be a plumber when you left school, or it didn't happen. Apprentices were teenagers, end of. Same thing applied to most people - they picked a career (or it picked them) and thats what they did for life.
<hovis music grinds to a tuneless halt>
Its not like that now, I'm pleased to say.
People do have the opportunity to change careers which is a good thing. However they are not realistically going to live like 17yr olds when they are 34, married with 3 kids and a mortgage.
So the structures of training (and re-training) are going to have to flex quite a lot to accommodate a workforce that does not expect to do the same job from 18 to 80.