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Career Research 1.1.2 Family Economics and Financial Education Take Charge of Your Finances.

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Presentation on theme: "Career Research 1.1.2 Family Economics and Financial Education Take Charge of Your Finances."— Presentation transcript:

1 Career Research 1.1.2 Family Economics and Financial Education Take Charge of Your Finances

2 1.1.2.G1 © 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 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 then one year.

3 1.1.2.G1 © 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 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: Receptionist

4 1.1.2.G1 © 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 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

5 1.1.2.G1 © 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 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.

6 1.1.2.G1 © 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 Resources Bureau of Labor Statistics Occupational Outlook Handbook − www.bls.gov www.bls.gov 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

7 1.1.2.G1 © 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 Education training Each level of education takes a different amount of time to complete − Professional degrees take the longest amount of time and varies depending on the profession. − Doctorate degrees 4-6 years beyond undergraduate degrees in college. − Masters degree – 2 years beyond undergraduate degrees in college. − Bachelors degree – 4 years beyond high school. − Associates degree – 2 years beyond high school.

8 1.1.2.G1 © 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 Largest Numerical Increases in Occupations Fastest Growing Occupations Education/ Training Category Largest Numerical Increases in Occupations  Pharmacists  Physicians and surgeons  Chiropractors  Optometrists  Veterinarians Professional Degree  Physicians and surgeons  Lawyers  Pharmacists  Veterinarians  Chiropractors  Medical scientists, except epidemiologists  Postsecondary teachers  Computer and information scientists, research  Chemistry and Biophysicists  Clinical, counseling, and school psychologists Doctorate Degree  Postsecondary teachers  Clinical, counseling, and school psychologists  Medical scientists, except epidemiologists  Computer and information scientists, research  Biochemists and biophysicists  Physical therapists  Occupational therapists  Hydrologists  Substance abuse and behavioral disorder counselors  Instructional coordinators Master’s Degree  Physical therapists  Clergy  Educational, vocational, and school counselors  Instructional coordinators  Rehabilitation counselors Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

9 1.1.2.G1 © 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 Largest Numerical Increases in Occupations Fastest Growing Occupations Education/ Training Category Largest Numerical Increases in Occupations  Education administrators, preschool and childcare center/program  Computer and information systems managers  Training and development managers  Actuaries  Medical and health services managers Bachelor’s Degree or higher [plus work experience]  General and operations managers  Management analysts  Financial managers  Computer and information systems managers  Sales managers  Network systems and data communications analysts  Physician assistants  Computer software engineers, applications  Computer software engineers, systems software  Network and computer systems administrators Bachelor’s Degree  Elementary school teachers, except special education  Accountants and auditors  Computer software engineers, applications  Computer systems analysts  Secondary school teachers, except special and vocational education  Physical therapy assistants  Dental hygienists  Forensic science technicians  Veterinary technologists and technicians  Diagnostic medical sonographers Associate’s Degree  Registered nurses  Computer support specialists  Dental hygienists  Paralegals and legal assistants  Medical records and health information technicians Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

10 1.1.2.G1 © 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 Largest Numerical Increases in Occupations Fastest Growing Occupations Education/ Training Category Largest Numerical Increases in Occupations  Preschool teachers, except special education  Surgical technologists  Gaming dealers  Emergency medical technicians and paramedics  Fitness trainers and aerobics instructors Postsecondary Vocational Award  Nursing aides, orderlies, and attendants  Preschool teachers, except special education  Automotive service technicians and mechanics  Licensed practical and licensed vocational nurses  Hairdressers, hairstylists, and cosmetologists  Self-enrichment education teachers  Emergency management specialists  Gaming managers  Construction and building inspectors  First-line supervisors/managers of fire fighting and prevention workers Work Experience in Related Occupation  First-line supervisors/managers of food preparation and serving workers  First-line supervisors/managers of office and administrative support workers  First-line supervisors/managers of construction trades and extraction workers  Self-enrichment education teachers  First-line supervisors/managers of retail sales workers Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

11 1.1.2.G1 © 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 Largest Numerical Increases in Occupations Fastest Growing OccupationsEducation/Training CategoryLargest Numerical Increases in Occupations  Fire fighting  Tile and marble setting  Athletes and sports competitors  Coaches and scouts  Interpreters and translators Long Term On-the-Job Training [more than 12 months]  Carpenters  Cooks, restaurant  Police and sheriff’s patrol officers  Plumbers, pipefitters, and steamfitters  Electricians  Medical assistants  Dental assistants  Hazardous materials removal workers  Social and human service assistants  Residential advisors Moderate Term On-the-Job Training [1 to 12 months]  Customer service representatives  Truck-drivers, heavy and tractor-trailer  Maintenance and repair workers, general  Medical assistants  Executive secretaries and administrative assistants  Home health aides  Personal and home care aides  Occupational therapist aides  Amusement and recreation attendants Short Term On-the-Job Training [0 to 1 month]  Retail salespersons  Janitors and cleaners, except maids and housekeeping cleaners  Waiters and Waitresses  Combined food preparation and serving workers, including fast food  Home health aides Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

12 1.1.2.G1 © 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 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.

13 1.1.2.G1 Percent Change in Employment in Occupations projected to Grow Fastest, 2004-2014 Healthcare occupations make up 12 of the 20 fastest growing occupations Computer occupations account for 5 out of the 20 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

14 1.1.2.G1 Percent Change in Employment in Occupations projected to Grow Fastest, 2004-2014 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

15 1.1.2.G1 Percent Change in Employment in Occupations projected to Grow Fastest, 2004-2014 These combined will add more than 1.8 million new jobs Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

16 1.1.2.G1 Percent Change in Employment in Occupations projected to Grow Fastest, 2004-2014 Many of the fastest growing jobs are within the medical field Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

17 1.1.2.G1 Increases in employment: health, education, sales, transportation, office and administrative support, and food service Occupations with the Largest Numerical Increases in Employment, projected 2004-2014 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

18 1.1.2.G1 Occupations with the Largest Numerical Increases in Employment, projected 2004-2014 Many of these will create more new jobs than will those with high growth rates Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

19 1.1.2.G1 Occupations with the Largest Numerical Increases in Employment, projected 2004-2014 Only 3 out of the 20 fastest growing occupations—home health aides, personal and home care aides, and computer software application engineers—also are projected here. Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

20 1.1.2.G1 Occupations with the Largest Numerical Increases in Employment, projected 2004-2014 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

21 1.1.2.G1 Declining occupational employment stems from: − declining industry employment, − technological advancements, − changes in business practices Increased productivity and farm consolidations result in the decline of 155,000 farmers and ranchers Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

22 1.1.2.G1 Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

23 1.1.2.G1 Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014 The majority of declines are office and administrative support and production occupations, due to increasing plant and factory automation and the implementation of office technology. − For example, employment of word processors and typists is expected to decline due to personal computers Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

24 1.1.2.G1 Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

25 1.1.2.G1 © 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 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?


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