Chapter 1 - Mentor High School

Chapter 1 How Your Choices Affect Income

What Is the Job Market? • Job market refers to jobs available for workers. • A skill set is the unique skills and abilities you bring to the job market. o Hard skills are technical. o Soft skills are nontechnical.

1-1 Personal Skills and the Job Market

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Job Choices Affect Your Income Fastest-Growing Occupations, 2008–18 Occupation

Expected Growth 2008–18

Education Required

Biomedical engineers

72%

Bachelor’s degree

Network, systems, and communications analysts

53%

Bachelor’s degree

Home health aides

50%

Short-term training and on-the-job experience

Financial examiners

46%

Bachelor’s degree

Medical scientists

41%

Doctoral degree

Physician assistants

39%

Master’s degree

Skin care specialists

38%

Post-secondary skills

Source: United States Department of Labor, Bureau of Labor Statistics, http://stats.bls.gov/emp/ep_table_103.htm#.

1-1 Personal Skills and the Job Market

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Learning about Job Requirements • Job title is the name of a job. o Example: Baker

• Job description describes what a job would be like. o Includes: education, experience, hours, work site, location 1-1 Personal Skills and the Job Market

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How Does Education Affect Your Income?

1-1 Personal Skills and the Job Market

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Building Communications Skills Listening • • • • • • •

Face and look at the person who is talking. Focus on what the speaker is saying. Ignore distractions. Turn off the phone. Take notes on the main ideas. In a conversation, give feedback or nod. Mentally summarize the main points. 1-1 Personal Skills and the Job Market

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What Is the Economy? • The economy refers to all the activities related to making and distributing goods and services. • A market economy is based on the law of supply and demand. o The price for an item is set at a point that consumers are willing to pay and sellers are willing to accept. 1-2 The Economy and Your Education

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The Business Cycle

1-2 The Economy and Your Education

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What are the Costs of Education? • Tuition is the expense paid by students for instruction at a school. • Fees are charged to cover special expenses. o Examples: technology, equipment, supplies

• Living expenses include food, rent, clothing, transportation, and housing. 1-2 The Economy and Your Education

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How Will You Pay for Education and Training? • Loans and grants o Examples: financial aid, Pell Grants, subsidized student loan

• • • •

Private student loans Scholarships Work-study programs Work and save

1-2 The Economy and Your Education

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Focus On . . . Student Organizations • Explore careers of interest. • Attend conferences. • Apply for scholarships, grants, financial aid. • Take part in community service activities. • Network and form friendships. 1-2 The Economy and Your Education

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How Can You Find Job Openings? • • • • • • •

Social networks Job shadowing Cooperative work experience Counselors, teachers, placement centers Websites of businesses Job scout programs Employment agencies

1-3 Job Application Skills and Tools

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General Resume Guidelines A resume is a summary of your work experience, education, skills, interests. • • • • • •

Have a “master resume.” Tailor each resume to match job opening. Limit resume to one page. Keep resume simple and attractive. List important information on top. Proofread thoroughly.

1-3 Job Application Skills and Tools

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The Cover Letter A cover letter introduces you to a prospective employer. • It is short and direct. • First paragraph says why you are writing. • Second paragraph points out qualifications. • Closing paragraph asks for an interview. 1-3 Job Application Skills and Tools

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How Do You Make Yourself Stand Out? • A job application is a form that asks you basic information about your background. • A job interview is a face-to-face meeting with a potential employer to discuss a job opening. • Follow-up is contact with a prospective employer after the interview. 1-3 Job Application Skills and Tools

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Success Skills Using Social Networking Sites Advantages include: • Wide-range of sources for job information • Rapid response to job openings • Up-to-the-minute knowledge 1-3 Job Application Skills and Tools

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