1. 1.1.2.G1 DO NOW SILENTLY & INDEPENDENTLY, in today’s section of your Do Now sheet, in 3-4 sentences (listing 1 example of each) describe the difference between a “career” and a “job”? © Family Economics & Financial Education – Revised May 2009 – 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

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

3. DEGREES 1.HS DIPLOMA 2.ASSOCIATE’S – 2yrs (60 credits) Every college class is 3 credits Typical semester is 5 classes or 15 credits 2 Semesters in a Year One year = 30 credits 3.BACHELOR’S – 4 yrs 1.120 credits (40 classes) − 20 major classes and 20 general education classes − When you take classes and either FAIL or they don’t count towards your major….you are prolonging your time in college 4.MASTER’S – 30 credits (10 classes) 5.DOCTORATE – 3-5 years after Masters degree Financial Industry certifications CFP: CERTIFIED FINANCIAL PLANNER SERIES 7 – LICENSE TO TRADE STOCK CPA: Certified Public Accountant − The more education, the more salary you are worth

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 Education training 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

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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005 Optometrists Physicians and surgeons Lawyers Pharmacists Chiropractors Professional Degrees Postsecondary teachers Computer and information scientists, research Chemistry and biophysics Pharmacists Clinical, counseling Doctorate Degree

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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005 Physical therapist Educational, vocational and school counselors Substance abuse counselor Occupational therapy Master’s Degrees School teachers Accountant and auditors Computer software engineers Bachelor’s Degree

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 Largest Numerical Increases in Occupations Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005 Dental hygienists Physical therapy assistant Registered nurses Paralegals and legal assistants Associate’s Degrees Nursing aids and orderlies Hairdresser and cosmetologists Emergency medical technicians Post Secondary Vocational Award

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 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005 Gaming managers Construction and building inspectors First line supervisors/managers (food, retail) Work experience in related occupations Carpenters Cooks Electricians Fire fighting Long Term On- the-Job Training (more than 12 months)

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 Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005 Truck drivers Dental assistants Medical assistants Customer service representatives Moderate Term On-the Job Training (1 to 12 months) Retail salesperson Waiters and waitresses Home health aides Personal and home care aides Short Term On-the-Job Training (0 to 1 month)

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 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!

11. HOW TO PAY 1.FINANCIAL AID – you borrow money − From Government: SALLIE MAE Tends to have the lowest interest rates − From Private Lender: Bank 2.SCHOLARSHIPS – contingencies Ex - Must earn at least a 3.3 GPA or you will lose money 3.GRANTS – free money, no contingencies 4.know!

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 Making an informed Career Decision 1.Includes a self evaluation of interests 2.Making future career projections 3.Selecting personal goals − Financial and educational

13. 1.1.2.G1 DO NOW – share out SILENTLY & INDEPENDENTLY, in today’s section of your Do Now sheet, in 3-4 sentences (listing 1 example of each) describe the difference between a “career” and a “job”? © Family Economics & Financial Education – Revised May 2009 – 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

14. 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 Job − An employment position obtained mainly to earn money; little or no advancement

15. 1.1.2.G1 Human Capital Human capital is defined as the skills acquired through the process of self investment. − Education and Experience Provides for the future: − Greater range of opportunities − Greater career success What are some ways to invest in one’s self now?

16. 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

17. 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 − Affects the quantity of goods produced Demand for goods and services determines employment within industries

18. 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 4 Questions that you should ask youself: − Are there opportunities for advancement? − What are the educational requirements? − Does it pay enough? − What are the working conditions?

19. 1.1.2.G1 1)EDUCATION AND EXPERIENCE FILLS YOUR RESUME TO GIVE IT MEANING 2)THE RESUME SAYS ON PAPER YOU ARE QUALIFIED FOR A JOB 3)THE JOB INTERVIEW SAYS YOU HAVE THE PEOPLE AND COMMUNCATION SKILLS TO BE A GOOD FIT FOR THE COMPANY 4)YOUR PERFORMANCE EARNS YOU THE RIGHT TO A CAREER AT THE COMPANY © Family Economics & Financial Education – Revised May 2009 – 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

20. 1.1.2.G1 Career Path 1.Go to www.careerpath.com/career-tests/www.careerpath.com/career-tests/ 2.Click on “Career Planner Quiz” © Family Economics & Financial Education – Revised May 2009 – 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

21. 1.1.2.G1 TODAY’S ASSIGNMENT Using CNN’s list of top rated careers (shared with you), find two (2) that best match your interests − Using www.bls.gov, find a thorough job description, educational requirements, salary range, and overall job outlook for that careerwww.bls.gov Come up with four (4) additional careers Complete the “Career Research Project” − Save as yourlastname.CareerResearch & share with me when complete – due by beginning of tomorrow’s class

22. 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

23. 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

24. 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

25. 1.1.2.G1 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 jobs Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

26. 1.1.2.G1 Increases in employment: health education, sales, transportation, office and administrative support, and food service

27. 1.1.2.G1 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

28. 1.1.2.G1 Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014