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

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!!!

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

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

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.

1.1.2.G1 Education Matters $61,000 $48,900 $36,800 $29,550 $21,300 career job, career job Masters Degree Bachelors Degree Associate Degree/tech training High school No high school U.S. Average Income (2008) Type of WorkEducation Level Which education level has the opportunity to earn the highest income?

1.1.2.G1 High School Drop out © 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

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

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?

1.1.2.G1 Brain Storm Write down three careers that you are interested in Talk with your neighbor about the pro’s and con’s of the professions Choose one profession to research today. © 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