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Family Economics and Financial Education Take Charge of Your Finances
Career Research Family Economics and Financial Education Take Charge of Your Finances
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Why is it important to plan?
Time at work 8 hours a day 5 days a week 50 weeks a year 2,000 hours a year Average career span- 43 years (22 yrs-65 yrs) 86,000 hours on the job You better like what you do!!!
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Career vs. Job What is the difference between a job and a 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: Receptionist © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research 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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Job Opportunities Pick a career path with job opportunities in the future Three main factors influencing future job opportunities Population Labor force Demand for goods and services © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research 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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Factors Population affects the size of the labor force, which affects the quantity of goods produced Demand for goods and services determines employment within industries. © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research 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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Associate Degree/tech training
Education Matters Which education level has the opportunity to earn the highest income? career job, career job Masters Degree Bachelors Degree Associate Degree/tech training High school No high school U.S. Average Income (2008) Type of Work Education Level $21,300 $29,550 $36,800 $48,900 $61,000
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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research 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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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? © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research 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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