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Considering Careers. Career & Financial Management Mrs. Wilson RPHS. Careers of the Future. Your grandparents or parents One employer for many years before retiring Your path… So much different!. Question?.
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Considering Careers Career & Financial Management Mrs. Wilson RPHS
Careers of the Future • Your grandparents or parents • One employer for many years before retiring • Your path… • So much different!
Question? • Why is it likely that you will retrain, upgrade, or change jobs several times during your working life?
Some reasons… • New products and services • Global competition • Computerized work environment • Changing expectations & needs of employers
Technology (My FAVORITE topic!) • Creates newer, better, and faster ways of getting things done • Give some examples…
Definition of Technology A general term for improvements in work methods and equipment that increase productivity
Productivity • The amount a worker produces in an hour • Business must constantly increase their output and lower their costs to stay competitive • Companies today must be efficient in order to be profitable and stay in business
Major Occupational Groups • Early 1990s • Farmers made up more than one third of the total workforce of the US • Now it is less than 3 percent, and the number is decreasing
Today… • In most occupations the collection, use, and distribution of information is the job • Computers and the Internet are key tools for gathering, transmitting, and storing information One of the largest career groups is the “professions,” where knowledge is the key job skill
Examples of Professions • Doctors • Lawyers • Accountants • Teachers • They also work in the information field, with the creation, processing, storage, and retrieval of information as a important parts of the job.
As the Internet Evolves… • Many new professional careers will emerge • Example: • People who work as web designers and database administrators are the fastest growing fields
Service Jobs • Large, increasing sector of the market • Also dominated by technology and information needs that determine what will be produced and how it will be made available to customers • Service employees are using highly sophisticated information storage and retrieval devices, from point-of-sale computers (POS) to optical scanners for inventory counting
Transformation of Occupations • Previously labeled: • Space Age • Electronic Era • Global Village • Technological Revolution • Information Age • All of these refer to technology and the rapid increase of knowledge that affects virtually all career choices
Job Descriptions and Titles • Some careers seem the same as they did 20 years ago • However, they are considerable different when you compare present-day job descriptions, qualifications, and employment opportunities with earlier counterparts
Careful Choices • US Government Publications • Dictionary of Occupational Titles (DOT) • Occupational Outlook Handbook (OOH) • Monthly Labor Review • Some are online: • http://www.oalj.dol.gov/libdot.htm • O*Net: http://online.onetcenter.org/ • OOH: http://www.bls.gov/oco/home.htm • MLR: http://stats.bls.gov/opub/mlr/mlrhome.htm
Occupational Outlook Handbook • Published by they US Department of Labor • Classifies jobs by nine-digit categories according to their functions and duties • Listed within the major categories are numerous jobs available in the US