Career Research Family Economics and Financial Education Take Charge of Your Finances 1.1.2

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Career Research
1.1.2
Family Economics and Financial Education
Take Charge of Your Finances
1.1.2.G1
Making an informed Career
Decision
• Includes an self evaluation of interests
• Making future career projections
• Selecting personal goals
− Goals are the end result of something a person
intends to acquire, achieve, do, reach, or accomplish
sometime in the near or distant future
• Short-term goals are accomplished within one year
• Long-term goals are accomplished in more then one year
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 2
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Career vs. Job
• What is the difference between a job and a career?
• Career
− A commitment to a profession which requires continued
training and offers a clear path for occupational growth
− Example: Educator
• Job
− An employment position obtained mainly to earn money
− Example: Gas Station Attendant
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 3
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Job Opportunities
•
Pick a career path with job opportunities in
the future
•
Three main factors influencing future job
opportunities
1. Population
2. Labor force
3. Demand for goods and services
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 4
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Factors
•
Population affects the size of the labor force
−
•
Affects the quantity of goods produced
Demand for goods and services determines
employment within industries
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 5
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Resources
• Bureau of Labor Statistics Occupational Outlook
Handbook
− www.bls.gov
• For hundreds of different jobs the handbook tells you:
−
−
−
−
−
The training and education needed
Earnings
Expected job prospects
What workers do on the job
Working conditions
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 6
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Education training
Professional
degrees
Doctorate
degrees
Masters
degree
Bachelors
degree
Associates
degree
• Take the longest amount of time and varies depending on the
profession
• 4-6 years beyond undergraduate degrees in college
• 2 years beyond undergraduate degrees in college
• 4 years beyond high school
• 2 years beyond high school
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 7
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Largest Numerical Increases in
Occupations
Professional
Degrees
Doctorate
Degree
•
•
•
•
•
Optometrists
Physicians and surgeons
Lawyers
Pharmacists
Chiropractors
• Postsecondary teachers
• Computer and information
scientists, research
• Chemistry and biophysics
• Pharmacists
• Clinical, counseling
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 8
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Largest Numerical Increases in
Occupations
Master’s
Degrees
Bachelor’s
Degree
• Physical therapist
• Educational, vocational
and school counselors
• Substance abuse counselor
• Occupational therapy
• School teachers
• Accountant and auditors
• Computer software
engineers
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 9
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Largest Numerical Increases in
Occupations
Associate’s
Degrees
• Dental hygienists
• Physical therapy assistant
• Paralegals and legal
assistants
Post
Secondary
Vocational
Award
• Nursing aids and orderlies
• Hairdresser and
cosmetologists
• Emergency medical
technicians
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 10
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Largest Numerical Increases in
Occupations
Work experience
in related
occupations
• Gaming managers
• Construction and building
inspectors
• First line
supervisors/managers
(food, retail)
Long Term Onthe-Job Training
(more than 12
months)
•
•
•
•
Carpenters
Cooks
Electricians
Fire fighting
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 11
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Largest Numerical Increases in
Occupations
Moderate
Term On-the
Job Training (1
to 12 months)
•
•
•
•
Truck drivers
Dental assistants
Medical assistants
Customer service
representatives
Short Term
On-the-Job
Training (0 to
1 month)
•
•
•
•
Retail salesperson
Waiters and waitresses
Home health aides
Personal and home care
aides
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 12
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Fact
Among the 20 fastest growing occupations, a bachelor’s or
associate degree is the most significant source of
postsecondary education or training for 12 of them!
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 13
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
1.1.2.G1
Healthcare occupations comprise
12 of the 20 fastest growing occupations
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
1.1.2.G1
Computer occupations account for
5 out of the 20 fastest growing occupations
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
1.1.2.G1
Occupations projected to
Grow Fastest, 2004-2014
•In groups of 2-3 hypothesize why health care positions
and computer/technology positions are growing so fast
These combined jobs will add more than 1.8 million new jobs
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
1.1.2.G1
Increases in employment: health education, sales, transportation, office
and administrative support, and food service
1.1.2.G1
Job Declines projected 2004-2014
•Declining occupational employment stems from:
−declining industry employment
− technological advancements
− changes in business practices
•The majority of declines are office and administrative
support and production occupations
−Increasing plant and factory automation
−Implementation of office technology
Job Declines in Occupations
with the largest numerical
decreases in Employment, projected
2004-2014
1.1.2.G1
1.1.2.G1
Researching a Career
• Questions that you should ask:
− Are there opportunities for advancement?
− What are the educational requirements?
− Does it pay enough?
− What are the working conditions?
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 20
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
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