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

1.1.2.G1 © Family Economics & Financial Education – Revised May 2009 – Career Development Unit – Career Research – Slide 2 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 3 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 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

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 4 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: Gas Station Attendant

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 5 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

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 6 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

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 7 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 − 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

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 8 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

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 9 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

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 10 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

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 11 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 Paralegals and legal assistants Associate’s Degrees Nursing aids and orderlies Hairdresser and cosmetologists Emergency medical technicians Post Secondary Vocational Award

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 12 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)

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 13 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)

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 14 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!

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

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

1.1.2.G1 Occupations projected to Grow Fastest, 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

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

1.1.2.G1 Job Declines projected 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

1.1.2.G1 Job Declines in Occupations with the largest numerical decreases in Employment, projected

1.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 21 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?