1. THE U.S. WORKFORCE
All people 16 years and older who are employed or looking for a job
More than 150 million people have full- or part-time jobs
Source:
The Occupational Outlook Handbook

2. THE CHANGING WORKFORCE
Education and training
High school education or more as a minimum
Special training (College, MBA, Technical degree…)
Basic skills and a willingness to work hard no longer good enough to get a good job…
Compensation
High-paying jobs – require more skills and education
Low-paying jobs – harder to live comfortably
Type of Work
Working with machines and technology
Working mainly with people and information

3. TYPES OF JOBS Classified by industry Classified by occupation
Service-providing industries
services that satisfy the needs of other businesses and consumers.
Goods-producing industries
produce or manufacture products
Classified by occupation
White-collar jobs (example Accountant)
is one whose work is more mental than physical
Blue-collar jobs (example mechanic)
involves a great deal of physical work

4. SERVICE-PROVIDING INDUSTRIES
Trade, transportation, and utilities
Information
Financial activities
Professional and business services
Real Estate
Educational and health services
Leisure and hospitality
Other services

5. GOODS-PRODUCING INDUSTRIES
Natural resources and mining
Construction
Manufacturing

6. OCCUPATIONAL CATEGORIES
Professional (Services)
Service
Construction and extraction
Management, business, and financial
Installation, maintenance, and repair
Office and administrative support
Sales
Transportation and material moving
Farming, fishing, and forestry
Production

7. CHANGING JOB REQUIREMENTS
Consumer preferences
Jobs are affected by consumer demand for a product or service
Business cycles
Stages of the business cycle affect job opportunities
New technologies
improves efficiency so that businesses may stay competitive
Business competition
Companies must be competitive to stay in business.

8. Business competition Downsizing Outsourcing
is a planned reduction in the number of employees needed
Outsourcing
removes work from one company and sends it to another company that can complete it at a lower cost.

9. HUMAN RESOURCES OVERVIEW
Human resources are the people who work for a business. They are responsible for:
Management and employees
Full-time and part-time workers
Temporary workers and long-time employees

10. HUMAN RESOURCES OVERVIEW
Human resources department
Larger companies have a department to handle this function
Human resources management in small businesses
The owner of a small business will be responsible for managing human resources

11. HUMAN RESOURCES GOALS Identify the personnel needs of the company.
Maintain an adequate supply of people to fill those needs.
Match abilities and interests with specific jobs.
Provide training and development.
Develop plans to compensate personnel.
Protect the health and well-being of employees.
Maintain a productive and satisfying work environment.

12. HUMAN RESOURCES ACTIVITIES
Planning and staffing
Performance management
Compensation and benefits
Employee Relations

13. PLANNING AND STAFFING Activities
Job analysis
Recruitment and selection
Job placement

14. COMPENSATION AND BENEFITS Activities
Wage and salary planning
Benefits planning
Payroll, benefits, and personnel records management