The World of Work

2. 1 The World of Work

3. Section 1.1 Importance of Careers

4. Explain the concept of work. • Discuss the reasons people work.

5. need want identity lifestyle • work • job • occupation • career • career ladder • income

6. What Is Work? • Workis putting forth an effort to produce or accomplish something • At this point in your life, schoolwork is very important • A job is the work done, usually to earn money while pursuing an interesting career • An occupation is employment that requires related skills and experiences

7. What Is Work? (Continued) • A career is a series of steps or occupations that you take to advance in your chosen field • A career ladder is a sequence of work in a career field, from entry to advanced levels • Each step in your career may require that you learn new information and skills • Reaching your career objective may take years and require much education and training

8. What Is Work? (Continued) Goodheart-Willcox Publisher

9. Why Do People Work? • People expect to receive something in return for their efforts • That something could be personal satisfaction or personal gain • Other reasons for working include a sense of obligation, commitment to a goal, or a sense of pride • For most people, earning money or an income is the reason for working

10. Why Do People Work?(Continued) • Income is the money a person receives for doing a job or from a return on an investment • The work you choose to do becomes part of your identity • Your identity has two aspects: how you see yourself and how others see you • A lifestyle is a way of life as characterized by a person’s activities, attitudes, possessions, and manner of living

11. Why Do People Work?(Continued) • The work you choose will affect your lifestyle: • Where you live • People you meet • Time you have to spend with family and friends • People work to gain personal satisfaction from doing a job well • Work also provides the satisfaction of feeling useful

12. Why Do People Work?(Continued) • Work helps keep the economy strong • When people work, they make products and perform services that others buy • They also earn money that allows them to meet their needs by purchasing products • The income you earn from working goes back into the economy when you buy something • Enthusiastic workers help keep the economy strong

13. Why Do People Work?(Continued) Goodheart-Willcox Publisher

14. Section 1.2 The Changing Workplace

15. Explain how the US economy is changing and how these changes relate to the workforce. • Describe various factors that affect today’s workplace.

16. global economy • globalization • outsourcing • service • family-friendly program • flextime • self-sufficient • demographics • diversity

17. The Economy • The US workplace is continually changing • New types of jobs are created each year • When the economy is strong, demand is high for goods and services • To meet this demand, employers keep their businesses fully staffed • A weak economy can cause many employees to become unemployed

18. The Economy (Continued) • A weak economy is sometimes called a recession • When a recession goes on for several years, it is called an economic depression • A global economy is a financial interconnection among the countries of the world • Globalization is the integration of markets, technology, and resources among the economies of nations

19. The Economy (Continued) • Outsourcing is often done to handle work more efficiently and keep costs in line • Manufacturing accounts for a large part of our economy • However, a large percentage of our economy has shifted to services and information • Another focus of today’s economy is information

20. The Economy (Continued) Goodheart-Willcox Publisher

21. The Economy (Continued) • The computer and the Internet are tools of the information economy • What people learn with these tools helps them to create new services, improve business methods, and lower costs • Government action can and often does affect companies and local businesses • The smart citizen stays alert to government plans that may affect his or her livelihood

22. Today’s Workplace • Today’s workplace uses a team approach as workers jointly seek solutions to problems • A family-friendly program in the workplace helps workers handle the demands of work and family responsibilities • Social changes can affect the workplace • The number of women entering the workforce will almost equal the number of men

23. Today’s Workplace (Continued) • Key changes within the country’s demographics affect the workplace • One significant change is the increase in minorities in the US population • Business leaders view a diverse workforce as a major resource for the global market • The greatest population shift continuing to 2016 is the age of workers in the labor force

24. Today’s Workplace (Continued) Goodheart-Willcox Publisher

25. What reason for working do you think will be most important to you as you pursue a career? • Which of the family-friendly programs discussed in the chapter do you think would be most helpful to an employee? Why?