1. © Family Economics & Financial Education – Revised March 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona The Places You Will Go! Career Exploration

2. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona “You’re on your own. And you know what you know. And YOU are the guy who’ll decide where to go.” – Dr. Seuss

3. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Today is the Day to Set Sail Jump on the boat to future success! Objectives for the day: Define job vs. career Educational vs. Income Human Capital Lifetime difference in Earnings What the future holds

4. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! 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

5. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona A job vs. A Career A Job: You exchange your time for money The position doesn’t necessarily relate to any long- range plans Pay raises are dependent on per-hour increases given by the employer at a generally fixed rate THE JOB MARKET CONTROLS YOU!!!! A Career: You exchange your time for money You seek positions that make the best use of your special interests, skills and talents. Your position is part of your long-range life/work plan. Pay raises will be larger with your increase in skills and responsibilities YOU HAVE CONTROL!!!

6. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Factors influencing job opportunities 1. Population 2. Labor Force 3. Demand for goods and services Population affects the size of the labor force -Affects the quantity of goods produced Demand for goods and services determines employment within industries

7. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Human Capital Human capital is defined as the skills acquired through a process of self investment. Provides for the future: Greater range of opportunities Greater career success What are some ways an individual can increase their human capital?

8. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona How to Self-Invest Goal: To work at an Art Museum School Get good grades Take an Art elective class Work/Volunteer Volunteer at local art gallery Baby-sit and teach children how to paint Extra-curricular activities Art club FCCLA

9. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona What the future holds Most people will go through 5-6 careers in their lifetime New careers emerge everyday – changing job trends and pushing unconventional career choices into the limelight The next 10-25 years you should see the following career opportunities: How many are you prepared for?

10. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Artificial intelligence technician Fiber optic technicianMyotherapist Aqua culturistFusion engineersRelocation counselor Automobile fuel cell battery technician Horticulture therapistRetirement counselor Benefits analystImage consultantRobot technician Bionic medical technicianInformation brokerShyness consultant Computational linguistInformation center manager Software club director Computer microprocessorJob developerSpace mechanic Cryonics technicianLeisure consultantUnder water archaeologist Electronic mail technicianMedical diagnostic imaging technician Water quality specialist Careers in the next 10-25 years include:

11. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Transferable Skills Transferable skills are acquired through life experiences that can be used in an individual’s job or career. Enhances an individual’s human capital Examples: Follow orders Organization Clear communication Confidence Cooperative problem solving Creativity

12. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona “You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose.” – Dr. Seuss

13. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Education vs. Income Activity Stand up with your colored square “Everyone standing represents the people who started high school. This activity will show the different paths people can choose during their lifetime and the different results.” Based upon 2007 US Bureau of Labor Statistics Data

14. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Orange If you are holding an orange card please sit. These 4 people represent 15.2% of the U.S. population who did not graduate from high school or earn a GED. On average, they earn $33,913 per year, the lowest wages of all workers Congratulations! Everyone remaining finished high school.

15. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Red If you are holding a red card please sit. These 6 people represent 25.2% of the U.S. population who graduated from high school or earned a GED. On average, in the United States, they earn $46,938 per year. Congratulations! The remaining decided to further their education.

16. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Green If you are holding a green card please sit. These 5 people represent 21.8% of the U.S. population who dropped out of college without finishing a degree. On average, in the United States, they earn $54,881 per year. Congratulations! The remaining finished some kind of post-secondary education.

17. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Yellow If you are holding a yellow card please sit. These 2 people represent 8.9% of the U.S. population who received their associate degree. On average, in the United States, they earn $64,537 per year. Jobs requiring an associates degree are expected to grow 32% between 2000-2010. These people are prepared for this significant change in the job market.

18. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Blue If you are holding a blue card please sit. These 5 people represent 18.7% of the U.S. population who received their bachelor's degree. On average, in the United States, they will earn $88,948 per year, which is more than twice what a high school graduate earns.

19. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Purple If you are holding a purple card please sit. These 3 people represent 10.2% of the U.S. population who have completed their graduate or professional degree. On average, in the United States, they earn $115,179 per year.

20. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Education Matters Education LevelType of Work U.S. Average Income (2007) Not high school graduate Job$33,913 High school graduateJob, occupation$46,938 Associate degree Job, occupation, career $64,537 College degree Job, occupation, career $88,948 Graduate degree Job, occupation, career $115,179

21. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Education vs. Income “Education is essential in getting a high-paying job. In fact, for all but 1 of the 50 highest paying occupations, a college degree or higher is the most significant source of education or training. Air traffic controller is the only occupation of the 50 highest paying for which this is not the case” 2004 Bureau of Labor Statistics Occupational Outlook Handbook, Tomorrow's Jobs Higher Education = Higher Estimated Lifetime Earnings

22. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Lifetime difference in earnings $88,948 - $33,913 $55,035 X 40 years $2,205,400 Difference in lifetime earning of high school dropout and college graduate

23. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! 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 Time varies depending on profession 4-6 years beyond undergraduate degree in college

24. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! 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 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 2 years beyond undergraduate degree in college 4 years beyond high school

25. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! 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 2 years beyond high school Time varies depending on program

26. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Increases in employment: health education, sales, transportation, office and administrative support, and food service

27. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Healthcare occupations comprise 12 of the 20 fastest growing occupations

28. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Computer occupations account for 5 out of the 20 fastest growing occupations

29. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona 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

30. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Job Declines in Occupations with the largest numerical decreases in Employment, projected 2004-2014

31. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! 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!

32. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Think Ahead Identify a desired standard of living at an early age to determine: Level of education needed Type of job to have Desired career path Future needs and wants Income level What do you want to be when you grow up?

33. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Fertilize your Future Plan NOW for your desired standard of living… Education helps a person reach their financial goals OR

34. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! 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 Includes an self evaluation of interests Making future career projections Questions that you should ask: Are there opportunities for advancement? What are the educational requirements? Does it pay enough? What are the working conditions?

35. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Straw Tower Activity Goal: Build the tallest free-standing straw tower using only the tools you were given. Challenge: Each group has a different education level with certain skills/limitations. – High School dropout – High School graduate – Associate degree – College degree – Graduate degree Solution: Work together and good luck!

36. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Straw Tower Discussion Which group had to work the hardest to build the straw tower? Why? Why were some groups more successful than others? How did the education level relate to the degree of the assigned limitations? How might a person get the “skills” needed for the opportunity to have a career and earn a higher income?

37. 2.1.2.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – The Places You Can Go! Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona “Today is your day! Your mountain is waiting. So…get on your way!” – Dr. Seuss