Career Research 1.1.2

Family Economics and Financial Education

Take Charge of Your Finances

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http://www.bls.gov/

© Family Economics & Financial Education – Revised May 2009 – 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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 3Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 4Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 5Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Job Opportunities

• Pick a career path with job

opportunities in the future

• Three main factors influencing

future job opportunities1. Population2. Labor force3. Demand for goods and services

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 6Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Factors

• Population affects the size of the

labor force − Affects the quantity of goods

produced

• Demand for goods and services

determines employment within

industries

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 7Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 8Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Education training

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 9Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Largest Numerical Increases in Occupations

Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 10Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Largest Numerical Increases in Occupations

Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 11Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Largest Numerical Increases in Occupations

Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 12Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Largest Numerical Increases in Occupations

Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 13Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Largest Numerical Increases in Occupations

Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 14Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

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!

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Healthcare occupations comprise

12 of the 20 fastest growing occupations

Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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Computer occupations account for

5 out of the 20 fastest growing

occupationsSource: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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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

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Increases in employment: health education, sales, transportation, office

and administrative support, and food service

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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

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Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 21Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

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?