The U.S. Department of Labor does not provide an employment outlook for investor relations specialists, but it does report that job opportunities for marketing managers and public relations specialists are expected to grow by up to 7 percent, much faster than the average, through 2029. The National Venture Capital Association reports that the number of venture capital firms has increased from 803 in 2014 to more than 1,000 in 2019, and there is increasing competition between firms to convince start-ups to accept their investment funds. The coronavirus has had a major impact on most industries in 2020. While the venture capital industry had a slight decline in activity in the first part of 2020, venture capital investments have since been increasing. Overall venture capital firms have been resilient during the pandemic, with most workers able to conduct business remotely. Growth in employment opportunities for investor relations specialists is expected to increase in the coming years. Additionally, investors are requiring more information about funds, their performance, and other data, which is creating demand for IR specialists.
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