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

2. 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
© Family Economics & Financial Education – Revised April 2008 – 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

3. Career vs. Job What is the difference between a job and a 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
© 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

4. Job Opportunities
Pick a career path with job opportunities in the future
Three main factors influencing future job opportunities
Population
Labor force
Demand for goods and services
© 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

5. Factors Population affects the size of the labor force
Affects the quantity of goods produced
Demand for goods and services determines employment within industries
© 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

6. 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
© 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

7. Education training Professional degrees Doctorate 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
© 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

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

9. Largest Numerical Increases in Occupations
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
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© 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

10. Largest Numerical Increases in Occupations
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
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© 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

11. Largest Numerical Increases in Occupations
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
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© 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

12. Largest Numerical Increases in Occupations
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
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005
© 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

13. 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!
© 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

14. Healthcare occupations comprise 12 of the 20 fastest growing occupations
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

15. Computer occupations account for 5 out of the 20 fastest growing occupations
Source: Bureau of Labor Statistics Occupational Handbook – Tomorrow’s Jobs December 2005

16. 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

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

18. 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

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

20. 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?
© Family Economics & Financial Education – Revised April 2008 – Career Development Unit – Career Research – Slide 20
Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona