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

1.1.2.G1 © 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 Making an informed Career Decision Includes a 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 than one year

1.1.2.G1 © 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 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: Cashier

1.1.2.G1 © 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 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

1.1.2.G1 © 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 Factors Population affects the size of the labor force − Affects the quantity of goods produced Demand for goods and services determines employment within industries

1.1.2.G1 © 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 Resources Bureau of Labor Statistics Occupational Outlook Handbook − 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

1.1.2.G1 © 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 Education training

1.1.2.G1 © 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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

1.1.2.G1 © 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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

1.1.2.G1 © 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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

1.1.2.G1 © 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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

1.1.2.G1 © 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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

1.1.2.G1 © 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 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!

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, 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 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

1.1.2.G1 Job Declines in Occupations with the largest numerical decreases in Employment, projected

1.1.2.G1 © 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 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?