1 The World of Work Chapter

1.1 Importance of Careers Section

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Objectives Explain the concept of work. Discuss the reasons people work.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Key Terms work job occupation career career ladder income need want identity lifestyle

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Essential Question At what age should you begin looking for work?

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. What Is Work? Work is putting forth an effort to produce or accomplish something. At this point in your life, schoolwork is very important. A job is the work done, usually to earn money while pursuing an interesting career. An occupation is employment that requires related skills and experiences.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. What Is Work? (continued) A career is a series of steps or occupations that you take to advance in your chosen field. A career ladder is a sequence of work in a career field, from entry to advanced levels. Each step in your career may require that you learn new information and skills. Reaching your career objective may take years and require much education and training.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. What Is Work? (continued) Goodheart-Willcox Publisher

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Why Do People Work? Income is the money a person received for doing a job or from a return on an investment. Desire to make a profit and earn a good living is called a profit motive. A need is something you must have in order to live. A want is an item you would like to have but do not need to survive.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Why Do People Work? (continued) The work you choose to do becomes part of your identity. Your identity has two aspects: how you see yourself and how others see you. A lifestyle is a way of life as characterized by a person’s activities, attitudes, possessions, and manner of living.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Why Do People Work? (continued) The work you choose will affect your lifestyle: –Where you live –People you meet –Time you have to spend with family and friends People work to gain personal satisfaction from doing a job well. Work also provides the satisfaction of feeling useful.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Why Do People Work? (continued) Goodheart-Willcox Publisher

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Review 1.What is an occupation? An occupation is employment that requires related skills and experiences. 2.How can work provide personal satisfaction? Doing a job well helps build your self-esteem, provides a feeling of accomplishment, and provides the satisfaction of feeling useful.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Review 3.What can you do to help keep the economy strong? You can do your part to keep the economy strong by taking your work role seriously. This will include performing your job correctly, being willing to learn, and having a good attitude.

1.2 The Changing Workplace Section

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Objectives Explain how the US economy is changing and how these changes relate to the workforce. Describe various factors that affect today’s workplace.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Key Terms global economy globalization outsourcing service family-friendly program flextime self-sufficient demographics diversity

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Essential Question What does a workforce say about society as a whole?

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. The Economy The US workplace is continually changing. New types of jobs are created each year. When the economy is strong, demand is high for goods and services. To meet this demand, employers keep their businesses fully staffed. A weak economy can cause many employees to become unemployed.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. The Economy (continued) A weak economy is sometimes called a recession. When a recession goes on for several years, it is called an economic depression. A global economy is a financial interconnection among the countries of the world. Globalization is the integration of markets, technology, and resources among the economies of nations.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. The Economy (continued) Outsourcing is often done to handle work more efficiently and keep costs in line. Manufacturing accounts for a large part of our economy. However, a large percentage of our economy has shifted to services and information. Another focus of today’s economy is information.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. The Economy (continued) Goodheart-Willcox Publisher

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. The Economy (continued) The computer and the Internet are tools of the information economy. What people learn with these tools helps them to create new services, improve business methods, and lower costs. Governmental action can and often does affect companies and local businesses. The smart citizen stays alert to governmental plans that may affect his or her livelihood.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Today’s Workplace Today’s workplace uses a team approach as workers jointly seek solutions to problems. A family-friendly program in the workplace helps workers handle the demands of work and family responsibilities. Social changes can affect the workplace. The number of women entering the workforce will almost equal the number of men.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Today’s Workplace (continued) Key changes within the country’s demographics affect the workplace. One significant change is the increase in minorities in the US population. Business leaders view a diverse workforce as a major resource for the global market. The greatest population shift continuing to 2016 is the age of workers in the labor force.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Today’s Workplace (continued) Goodheart-Willcox Publisher

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Review 1.How does a strong economy affect the demand for goods and services? When the economy is strong, demand is high for goods and services. 2.What is outsourcing and why might a company practice outsourcing? Outsourcing is the practice of one company contracting with another person or company to do work rather than having company employees do the work. Outsourcing is often done to handle work more efficiently and keep costs in line.

Copyright Goodheart-Willcox Co., Inc. May not be posted to a publicly accessible website. Review 3.What are two examples of family- friendly programs a company might offer? A flexible work arrangement and on-site child care are two examples of family-friendly programs a company might offer.