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Presentation transcript:

Minnesota’s career, education, and job resource. Minnesota’s career, education, and job resource. Entering the Job Market How to find and succeed in an internship or first job in your field

Minnesota’s career, education, and job resource. State of the Job Market Why Use Labor Market Information? Understand Job Trends (Example: Why job openings increase/decrease in certain areas) Know What Skills Employers Want (Skills needed by companies to stay competitive in economy) Make your own “hot jobs” list (Able to be critical of advertisements and career advice)

Minnesota’s career, education, and job resource. What is Labor Market Information? The market where job seekers look for work, and employers look for candidates.  Wages / Salary  Future Growth / Projections  Number of Openings  Education or Training Needed  Required Skills

Minnesota’s career, education, and job resource. Example of Labor Market Information (LMI) OccupationInterest Profile Wages & Growth Avg. Growth - All Occupations: 12.8% EducationJob Outlook Computer Support Specialists Employment: 10,270 CIR Low-End: $14.00 Median: $20.90 High-End: $32.20 Growth: 21.7% 2-4 YearsExcellent Computer Operators Employment: 1,880 RC Low-End: $11.20 Median: $16.10 High-End: $22.30 Growth: -30.4% 1-2 YearsCaution Computer Programmers Employment: 6,750 IRC Low-End: $20.20 Median: $31.80 High-End: $49.10 Growth: -2.0% Bachelor's Degree Fair Computer Securities Specialist Employment: 6,080 IRC Low-End: $19.30 Median: $28.90 High-End: $42.80 Growth: 35.3% Bachelor's Degree Excellent Computer Systems Analysts Employment: 9,000 ICR Low-End: $22.00 Median: $32.50 High-End: $45.40 Growth: 27.1% 4-6 YearsExcellent

Minnesota’s career, education, and job resource. Minnesota Job Vacancies Current positions employers are looking to fill (2 nd Quarter 2009)  Total of 31,400 vacancies in Minnesota.  Vacancies down 39.4% from last year  55% of vacancies (17,400) in Twin Cities Metro Area. Remaining 14,000 in Greater Minnesota.  41% of vacancies for part-time employment. Part-time is fewer than 35 hours/week.

Minnesota’s career, education, and job resource. Minnesota Job Vacancies Current positions employers are looking to fill (2 nd Quarter 2009)  44% of vacancies required some level of post-secondary education or training beyond a high school diploma.  44% require experience related to the position.

Minnesota’s career, education, and job resource. Minnesota Job Vacancies Industries with greatest number of job vacancies (2 nd Quarter 2009)  Hospitality (Accommodation & Food Service)  Health Science (Health Care & Social Assistance)  Sales & Marketing (Retail Trade)  Education & Training (Educational Services)  Manufacturing

Minnesota’s career, education, and job resource. What Are “Hot Jobs?” In-Demand Jobs / High-Growth Occupations * Projected to have a lot of job openings in the next 10 years * Have job duties or use skills that are needed to help the economy * Will offer decent pay and steady employment

Minnesota’s career, education, and job resource. Source: What Are “Hot Jobs?” Emerging Careers & Industries

Minnesota’s career, education, and job resource. Minnesota Growing Industries Industry Percent Growth Projected Annual Openings Individual and Family Services77.4%2,748 Internet Publishing and Broadcasting60.5%38 Community Care Facility for the Elderly58.3%755 Management & Technical Consulting Services54.9%709 Performing Arts and Sports Promoters51.8%99 Home Health Care Services49.9%646 Business, Computer & Management Training45.9%74 Educational Support Services45.8%103 Other Schools and Instruction45.8%300 Technical and Trade Schools45.8%57 Other Support Services44.2%404 Wireless Telecommunications Carriers42.7%147 Office Administrative Services42.4%201 Industries expected to add more new jobs than others from 2006 to 2016

Minnesota’s career, education, and job resource Career Clusters Agriculture Architecture & Construction Arts & Communications Business & Management Education Finance Government Health Science Hospitality & Tourism Human Services Information Technology Law & Public Safety Manufacturing Marketing & Sales Science & Technology Transportation

Minnesota’s career, education, and job resource. Job Market Trends Knowledge Economy Global Community: U.S. companies need customers and partners in other countries. All “Outsourcing” Isn’t “Off-Shoring”: Many outsourced jobs are local long and short-term positions. Increased Possibilities: Technology allows individuals to compete globally. Climate rewards entrepreneurism. Attitude of Lifelong Learning: Focus on skill enhancement and finding new employment markets and tools. Source: “The World is Flat,” Thomas L. Friedman

Minnesota’s career, education, and job resource. Vertical Career (Industrial Economy) Climb ladder, long-term employment at one company Dynamic Career (Knowledge Economy) Highly mobile, moving from company to company Upward mobility linked to skills SOURCE: Working Learners: Educating Our Entire Workforce for Success in the 21st Century, June Louis Soares, Center for American Progress. Job Market Trends Vertical → Dynamic

Minnesota’s career, education, and job resource. Industrial EconomyKnowledge Economy StableDynamic Dominated by large CorporationsFast-growing, high-impact companies Most workers need high school diploma Most workers need postsecondary credentials Job promotions follow linear career ladder Job promotions require continuous episodic education and coaching and career planning Lifetime employment with one company Many careers with multiple companies SOURCE: Working Learners: Educating Our Entire Workforce for Success in the 21st Century, June Louis Soares, Center for American Progress. Job Market Trends Vertical → Dynamic

Minnesota’s career, education, and job resource. High Middle Low In 10 years, ½ of all job openings will be Middle Skills positions Middle Skill = Some education/training past high school but less than Bachelor’s degree SOURCE: Working Learners: Educating Our Entire Workforce for Success in the 21st Century, June Louis Soares, Center for American Progress. Skills Employers Want

Minnesota’s career, education, and job resource. Skill SetDescriptionExamples Basic Skills Skills needed by almost all workers. It's hard to overestimate the importance of these skills. Writing, for example, is a basic or threshold skill that can get you into (or keep you out of) a good job. Learning new things Listening Math Reading Science Speaking Thinking critically People Skills Sometimes called soft skills, these are among the most sought-after and marketable skills. These skills enable people to work easily and effectively with others in the workplace. Being aware of others Coordinating with others Helping others Negotiating Persuading Teaching others Skills Employers Want

Minnesota’s career, education, and job resource. Skill SetDescriptionExamples Systems Skills Can you understand how parts and wholes work together? For example, can you predict what would happen to your organization if a particular employee left? Or how a new tax law might affect prices at the grocery store? Then you have systems skills. Evaluating a system or organization Understanding a system or organization Making decisions Technical Skills Almost all jobs today require some comfort with equipment and technology. Computers are common and there is some expectation, from entry level to advanced positions that employees work with computer applications and technology. Choosing equipment or tools Controlling quality Designing equipment or technology Installing equipment or programs Maintaining equipment Monitoring equipment Operating equipment Programming computers Repairing Troubleshooting Skills Employers Want

Minnesota’s career, education, and job resource. Skill SetDescriptionExamples Management Skills Not just for managers anymore. If you can organize projects, money, and your time, you’ll be a more valuable member of any team. Managing money Managing people Managing things Managing time Skills Employers Want

Minnesota’s career, education, and job resource.  Most soft skills are learned in everyday life situations.  You might not be aware of all of the skills that you have to offer an employer.  The more you know about your skills, the better you will be able to talk to employers about what you have to offer. Skills Employers Want

Minnesota’s career, education, and job resource. Ability to serve customers in friendly and respectful manner Comfortable working with people of diverse backgrounds Reading and understanding reports and charts Taking responsibility for decisions and actions Skills Employers Want

Minnesota’s career, education, and job resource. Understand industry and business practices Willingness to learn new skills or take on different projects Working as part of a team Working calmly in busy environments and completing tasks quickly and accurately Writing reports, s or business letters that are easy to understand Skills Employers Want

Minnesota’s career, education, and job resource. Design Your Career Plan Discover what your enjoy doing and what you are passionate about so you won’t get burnt out in a career that you don’t like. Work from age 18-62, 40 hours/week = 88,000 hours in a lifetime

Minnesota’s career, education, and job resource. Defined career plan Decision-making and goal setting Using labor market information for planning Integrating economic and employment trends Design Your Career Plan

Minnesota’s career, education, and job resource. CareerOneStop Occupation & Industry Information State Information Job Search Resources Career Tools Career Videos

Minnesota’s career, education, and job resource. ISEEK Explore Careers –Career Research –Goals Setting –Career Assessments Plan Your Education –Education Options –Online Programs –Financial Aid Info Find A Job –Explore Job Market –Job Search Steps

Minnesota’s career, education, and job resource. MnCareers Start Exploring –Career Decision –Interest Assessment –Hot Skills –Work-Based Learning Investigate Careers –Career Clusters –Labor Market info & salary for 200 occupations –Descriptions & education requirements Future Planning –Higher Education –Military –Apprenticeship –Job Search Resources

Minnesota’s career, education, and job resource. Minnesota Works Job Bank Part-Time Jobs Internships Minnesota Employers Free to Post Resume

Minnesota’s career, education, and job resource. Questions? Connect with ISEEK on Facebook