Career Research 1.1.2

Family Economics and Financial Education

Take Charge of Your Finances

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 2Funded 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 an 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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 3Funded 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: Gas Station Attendant

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 4Funded 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 opportunities1. Population2. Labor force3. Demand for goods and services

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 5Funded 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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 6Funded 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

• 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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 7Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

Education trainingProfessional 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

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 8Funded 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

Professional

Degrees

• Optometrists• Physicians and

surgeons• Lawyers• Pharmacists• Chiropractors

Doctorate

Degree

• Postsecondary teachers

• Computer and information scientists, research

• Chemistry and biophysics

• Pharmacists• Clinical, counseling

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 9Funded 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

Master’s Degrees

• Physical therapist• Educational,

vocational and school counselors

• Substance abuse counselor

• Occupational therapy

Bachelor’s

Degree

• School teachers• Accountant and

auditors• Computer software

engineers

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 10Funded 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

Associate’s

Degrees

• Dental hygienists• Physical therapy

assistant• Paralegals and

legal assistants

Post Secondary Vocational

Award

• Nursing aids and orderlies

• Hairdresser and cosmetologists

• Emergency medical technicians

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 11Funded 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

Work experience in related

occupations

• Gaming managers• Construction and

building inspectors• First line

supervisors/managers (food, retail)

Long Term On-the-Job Training

(more than 12 months)

•Carpenters•Cooks•Electricians•Fire fighting

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 12Funded 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

Moderate Term On-the Job Training

(1 to 12 months)

•Truck drivers•Dental assistants •Medical assistants•Customer service representatives

Short Term On-the-Job Training (0 to 1 month)

•Retail salesperson•Waiters and waitresses•Home health aides•Personal and home care aides

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 13Funded 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!

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Healthcare occupations comprise

12 of the 20 fastest growing

occupationsSource: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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Computer occupations account

for

5 out of the 20 fastest growing

occupationsSource: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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Occupations projected to Grow Fastest, 2004-2014

•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 jobsSource: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

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Increases in employment: health education,

sales, transportation, office

and administrative support, and food

service

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Job Declines projected 2004-2014

•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

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Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014

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© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 20Funded 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?