Career Trends and Opportunities Career Trends and Opportunities Chapter 5 Chapter 5

Employment Trends of the Future

Keep up with what is happening in the world so that your career does not become obsolete

Learn About Employment Trends

• The Internet• Newspaper• News Programs• Current Magazines• Government Statistics and Publications

Some Trends for the Future

Baby Boomers, Generation X, the Millennials and the New Generation Z

Baby Boomers

• Born between 1946 and 1964• Four out of every ten adults today• The population is getting older• How will the Baby Boom generation affect

careers of the future?

Generation X

• Born between 1965 and 1977

Advantages of Generation X

• More highly educated• Greater demand for skilled workers• Computer literate• Good work ethic• As Baby Boomers retire, more job

opportunities

The New Millennials

• Born between 1977 and 1995

The New Millennials

• Sometimes called the “Echo Boomers”• By 2010, they will be the largest teen

population is U.S. history • Will exceed the number of Baby Boomers• In the next 10 years, college enrollments will

increase by 300,000 students per year• College admission will become increasingly

competitive.

The New Millennials

• The cyber generation• Their most important values are individuality

and uniqueness• Greatest concerns: terrorism and school

shootings• Decreasing use of alcohol, drugs and tobacco• Have the promise of changing institutions for

the better

The New Generation Z

• Born since 1995• Many Names:

Generation Wii

iGeneration

Gen Tech

Digital Natives

Net Gen

The Plurals

Generation Z

• Last generation with a Caucasian majority• Accept diversity• Decline of “traditional families”• Because of recession, less likely to believe

in the American dream of having more• The age of “girl power”• Hope to use technology to change the

world

More Trends . . .

From Goods to Service and Technology

• What are some service and technology occupations?

Service Occupations

• Health Care• Business• Education• Finance• Insurance• Real Estate• Transportation• Communication

Increased Opportunities in Healthcare

• By 2018, 26% of all new jobs will be in healthcare

Why the increase?

• Aging baby boomers• Healthcare reform• New pharmaceuticals• New developments in medicine

More Assistants Needed

• Because of increased cost, we will need more:– Physician’s assistants– Medical assistants– Physical therapy assistants– Dental assistants

Healthcare Workers + Technology

• Workers in medical fields will use more technology

• Example: Nursing Informatics

Increased Need for Education

Middle Class is Endangered

• More low pay, low skill jobs• More high pay, high skill jobs• Education will determine pay and class

Need for Lifelong Education

• Need for training and education over a lifetime

• Without training and education, skills will soon become obsolete

Energy Shortages

• Recycling• Alternative energy• Concerns about global

warming and climate change

Going Green!

Going Green!

• As fossil fuels are depleted, look for more:– Wind turbines– Solar panels– Biofuels– Emphasis on sustainability– Taking care of the environment

Green Jobs

• Environmental lawyer

• Green architect• Sustainability

consultant• Marine biologist• Environmental

technician

• Energy efficiency specialist

• Organic farmer• Compliance

manager• Product engineer• Wind energy

engineer• Solar Engineer

E-Commerce

E-commerce is changing the way we do business

• Online sales are increasing 10-20% a year while traditional retail sales are stagnant

• Online marketing is used for most retail sales

• E-commerce will become an important part of business education

Increase in Entrepreneurship

• Starting your own business• Taking advantage of technology to work

from home

The Microprocessor

• In the last 20 years, its power has increased one million times

• In the next 20 years, it will increase a million times again

Computers of the Future

• Powerful, mobile, connected• Optical computers that operate at the speed

of light• Gesture, voice and touch communication• Computers in the human body?

Technology and Communication

• 2 million new jobs in technology• Computer systems designs will increase by

34% by 2018

New Technology Jobs

• Computer network administrators• Data communications analysts• Web developers• Data loss prevention• Online security

Computer Science

• Computer science grads will be especially marketable when combined with traditional fields such as finance and marketing.

New Media

• Cell phones• Other mobile devices

Diverse Workforce

• More older workers• More women• One third from diverse groups• More immigrants

Advances in Technology

• Many new careers in technology• Radiation and lasers• Fiber optics and telecommunications• Artificial intelligence• Biotechnology• Advances in medicine

Beware of Outsourcing

• Accounting• Customer service• Data entry• Assembly line workers• Software developers• Technical support

21st Century

• The Biology Century

New Advances in Biology

• The 21st Century will be the biology century– Human Genome

Project– Biotechnology– Biomedical

technology

Biotechnology

• Increasing important to:– Combat disease– Develop new surgical devices– Increase food production– Reduce pollution– Improve recycling– Tools for law enforcement

Biomedical Engineering

• Involves developing and testing healthcare innovations

• Will increase 72% by 2018

Effect of Terrorism

• People are choosing to stay in the safety of their homes, offices, cars, and gated communities.

• Less travel• Increase in home remodeling and sales of

entertainment systems • Increase in careers that provide value to

society and increased personal satisfaction

Top Jobs for the Future

• Business• Education• Entertainment• Health• Information

Technology• Travel/

Transportation

• Law/Law enforcement

• Services• Sports and related• Technology• Trades

Employment Projections 2008-2018

10 Fastest Growing

• Biomedical engineer

• Network systems and data communications analyst

• Home health aides• Personal and home

care aides

• Financial examiners

• Medical scientists• Physician

assistants• Skin care

specialists• Biochemists and

biophysicists• Athletic Trainers

10 Highest Salary Increase• Management,

scientific, technical• Physicians• Computer Systems

design• General

merchandise stores• Employment

Services

• Local government• Home health care

services• Services for elderly

and disabled• Nursing care

facilities• Full-service

restaurants

Top Paying Jobs

• Require math and science

Top Paying Jobs (Over 50K)• Chemical

engineering• Computer

engineering• Occupational

therapy• Electrical

engineering• Aerospace

engineering

• Computer science• Civil engineering• Nursing• Environmental

engineering• Construction

management• Physics• Economics

Largent Numerical Openings• Registered nurses• Home health aides• Customer services

rep• Food preparation

workers• Personal and home

care aides

• Retail salespersons

• Office clerks• Accountants and

auditors• Nursing aides,

orderlies• Postsecondary

teachers

Work Skills for the 21st Century

Basic Skills

• Reading• Math• Writing• Listening• Speaking• Computers

Thinking Skills

• Creative Thinking• Decision Making• Problem Solving• Mental Visualization• Knowing How to Learn• Reasoning

Personal Qualities

• Responsibility• Self-esteem• Sociability• Self-management• Integrity and Honesty

Workplace Competencies

• Manage time and money• Participate as a member of a team• Use computers to access information• Develop efficient management systems• Use technology

How to Research Your Career

Career Description• Nature of the work• Working conditions• Training• Qualification• Advancement

The Career Outlook

• Salary• Availability of employment• Will this career exist in the future?

To Research Your Career

• Use the College Success Web Site• Visit the Career Center• Use the library

Planning Your Education

Steps in Planning Your Education• Assessment tests• Take English the first semester• Start math classes early• Take general education• Prepare for your major

Making a Career Decision

There is a choice you have to make,In everything you do.And you must always keep in mind,The choice you make, makes you.

Steps in Making a Career Decision• Self-assessment

– Personality, Interests, Values, Skills

• Explore Options• Research careers• Plan your education• Make a commitment and take action• Evaluate• How is it working?

Kinds of Decisions

Dependent Decisions

• Someone else makes it for you• For example, a doctor or parent makes the

decision for you• What are the advantages and

disadvantages?

Intuitive Decisions

• Based on “gut feelings” or intuition• For example, we might use this in making a

quick decision in an emergency or when gambling

• What are the advantages and disadvantages?

Planful Decisions

• Weigh the consequences• What are the pros and cons

Use Planful Decisions for:

• What is my major?• What is my career?• Who should I marry?

Steps in Planful Decisions

• State the problem• Consider your values• What are your talents?• Gather information• Generate alternatives• Evaluate the pros and cons of the options• Select the best alternative• Take action

Group Activity: Planful Decision

For Your Success• See a counselor or adviser• Develop an educational plan

Keys to Success:Life is a Dangerous Opportunity

The Chinese Word for Crisis Has Two Characters:

• Danger• Opportunity

What is the danger?What is the opportunity?

Every adversity has the seed of a greater benefit or possibility.

Assignment: Complete

Rate Your Skills for Success in the Workplace

See a Counselor to develop your Educational Plan