From the NY Times:
In an effort to cut costs and avoid teacher layoffs, the Department of Education on Wednesday ordered principals to fill vacancies with internal candidates only. As a result, aspiring teachers at education schools and members of programs like Teach for America — a corps of recent college graduates — and the city’s Teaching Fellows — which trains career professionals to become teachers — are scrambling for jobs.
Many are forwarding their résumés to charter schools and private schools; others are looking to the suburbs and across state lines. Some are reconsidering the teaching profession altogether.
The Department of Education typically hires thousands of teachers for the start of school each September. In 2008, it hired 5,725 educators — 1,792 from the Teach for America and the Teaching Fellows programs, and 3,933 who, by and large, came from schools of education.
But this year, the department anticipates fewer openings and will not hire externally except in certain high-needs areas like speech therapy and bilingual special education. Instead, principals can fill spots only with internal candidates, including teachers from a reserve pool made up of those whose jobs have been eliminated and many who have earned unsatisfactory ratings.