1. Considering Careers Career & Financial Management Mrs. Wilson RPHS

2. Careers of the Future Your grandparents or parentsYour grandparents or parents –One employer for many years before retiring Your path…Your path… –So much different!

3. Question? Why is it likely that you will retrain, upgrade, or change jobs several times during your working life?Why is it likely that you will retrain, upgrade, or change jobs several times during your working life?

4. Some reasons… New products and servicesNew products and services Global competitionGlobal competition Computerized work environmentComputerized work environment Changing expectations & needs of employersChanging expectations & needs of employers

5. Technology (My FAVORITE topic!) Creates newer, better, and faster ways of getting things doneCreates newer, better, and faster ways of getting things done Give some examples…Give some examples…

6. Definition of Technology A general term for improvements in work methods and equipment that increase productivity

7. Productivity The amount a worker produces in an hourThe amount a worker produces in an hour Business must constantly increase their output and lower their costs to stay competitiveBusiness must constantly increase their output and lower their costs to stay competitive Companies today must be efficient in order to be profitable and stay in businessCompanies today must be efficient in order to be profitable and stay in business

8. Major Occupational Groups Early 1990sEarly 1990s –Farmers made up more than one third of the total workforce of the US –Now it is less than 3 percent, and the number is decreasing

9. Today… In most occupations the collection, use, and distribution of information is the jobIn most occupations the collection, use, and distribution of information is the job Computers and the Internet are key tools for gathering, transmitting, and storing informationComputers and the Internet are key tools for gathering, transmitting, and storing information One of the largest career groups is the “ professions,” where knowledge is the key job skill

10. Examples of Professions DoctorsDoctors LawyersLawyers AccountantsAccountants TeachersTeachers They also work in the information field, with the creation, processing, storage, and retrieval of information as a important parts of the job.They also work in the information field, with the creation, processing, storage, and retrieval of information as a important parts of the job.

11. As the Internet Evolves… Many new professional careers will emergeMany new professional careers will emerge Example:Example: –People who work as web designers and database administrators are the fastest growing fields

12. Service Jobs Large, increasing sector of the marketLarge, increasing sector of the market Also dominated by technology and information needs that determine what will be produced and how it will be made available to customersAlso dominated by technology and information needs that determine what will be produced and how it will be made available to customers Service employees are using highly sophisticated information storage and retrieval devices, from point-of-sale computers (POS) to optical scanners for inventory countingService employees are using highly sophisticated information storage and retrieval devices, from point-of-sale computers (POS) to optical scanners for inventory counting

13. Transformation of Occupations Previously labeled:Previously labeled: –Space Age –Electronic Era –Global Village –Technological Revolution –Information Age All of these refer to technology and the rapid increase of knowledge that affects virtually all career choicesAll of these refer to technology and the rapid increase of knowledge that affects virtually all career choices

14. Job Descriptions and Titles Some careers seem the same as they did 20 years agoSome careers seem the same as they did 20 years ago –However, they are considerable different when you compare present-day job descriptions, qualifications, and employment opportunities with earlier counterparts

15. Careful Choices US Government PublicationsUS Government Publications –Dictionary of Occupational Titles (DOT) –Occupational Outlook Handbook (OOH) –Monthly Labor Review Some are online:Some are online: –http://www.oalj.dol.gov/libdot.htm http://www.oalj.dol.gov/libdot.htm –O*Net: http://online.onetcenter.org/ http://online.onetcenter.org/ –OOH: http://www.bls.gov/oco/home.htm http://www.bls.gov/oco/home.htm –MLR: http://stats.bls.gov/opub/mlr/mlrhome.htm http://stats.bls.gov/opub/mlr/mlrhome.htm

16. Occupational Outlook Handbook Published by they US Department of LaborPublished by they US Department of Labor Classifies jobs by nine-digit categories according to their functions and dutiesClassifies jobs by nine-digit categories according to their functions and duties Listed within the major categories are numerous jobs available in the USListed within the major categories are numerous jobs available in the US

17. What are the fastest growing occupations?

18. DOT Job Descriptions