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Career Trends and Opportunities

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  1. Career Trends and Opportunities Chapter 5

  2. Employment Trends of the Future Keep up with what is happening in the world so that your career does not become obsolete

  3. Learn About Employment Trends • The Internet • Newspaper • News Programs • Current Magazines • Government Statistics and Publications

  4. Some Trends for the Future

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

  6. 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?

  7. Generation X • Born between 1965 and 1977

  8. Advantages of Generation X • More highly educated • Greater demand for skilled workers • Computer literate • Good work ethic • As Baby Boomers retire, more job opportunities

  9. The New Millennials • Born between 1977 and 1995

  10. 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.

  11. 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

  12. The New Generation Z • Born since 1995 • Many Names: Generation Wii iGeneration Gen Tech Digital Natives Net Gen The Plurals

  13. 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

  14. More Trends . . .

  15. From Goods to Service and Technology • What are some service and technology occupations?

  16. Service Occupations • Health Care • Business • Education • Finance • Insurance • Real Estate • Transportation • Communication

  17. Increased Opportunities in Healthcare • By 2018, 26% of all new jobs will be in healthcare

  18. Why the increase? • Aging baby boomers • Healthcare reform • New pharmaceuticals • New developments in medicine

  19. More Assistants Needed • Because of increased cost, we will need more: • Physician’s assistants • Medical assistants • Physical therapy assistants • Dental assistants

  20. Healthcare Workers + Technology • Workers in medical fields will use more technology • Example: Nursing Informatics

  21. Increased Need for Education

  22. Middle Class is Endangered • More low pay, low skill jobs • More high pay, high skill jobs • Education will determine pay and class

  23. Need for Lifelong Education • Need for training and education over a lifetime • Without training and education, skills will soon become obsolete

  24. Energy Shortages • Recycling • Alternative energy • Concerns about global warming and climate change

  25. Going Green!

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

  27. 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

  28. E-Commerce

  29. 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

  30. Increase in Entrepreneurship • Starting your own business • Taking advantage of technology to work from home

  31. 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

  32. 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?

  33. Technology and Communication • 2 million new jobs in technology • Computer systems designs will increase by 34% by 2018

  34. New Technology Jobs • Computer network administrators • Data communications analysts • Web developers • Data loss prevention • Online security

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

  36. New Media • Cell phones • Other mobile devices

  37. Diverse Workforce • More older workers • More women • One third from diverse groups • More immigrants

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

  39. Beware of Outsourcing • Accounting • Customer service • Data entry • Assembly line workers • Software developers • Technical support

  40. 21st Century • The Biology Century

  41. New Advances in Biology • The 21st Century will be the biology century • Human Genome Project • Biotechnology • Biomedical technology

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

  43. Biomedical Engineering • Involves developing and testing healthcare innovations • Will increase 72% by 2018

  44. 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

  45. Top Jobs for the Future • Business • Education • Entertainment • Health • Information Technology • Travel/ Transportation • Law/Law enforcement • Services • Sports and related • Technology • Trades

  46. Employment Projections 2008-2018

  47. 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

  48. 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

  49. Top Paying Jobs • Require math and science

  50. 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