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Entering the Job Market. How to find and succeed in an internship or first job in your field. State of the Job Market Why Use Labor Market Information?. Understand Job Trends (Example: Why job openings increase/decrease in certain areas) - PowerPoint PPT Presentation
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Minnesota’s career, education, and job resource. www.iseek.orgMinnesota’s career, education, and job resource. www.iseek.org
Entering the Job MarketHow to find and succeed in an
internship or first job in your field
Minnesota’s career, education, and job resource. www.iseek.org
State of the Job MarketWhy Use Labor Market Information?
• Understand Job Trends(Example: Why job openings increase/decrease in certain areas)
• Know What Skills Employers Want (Skills needed by companies to stay competitive in economy)
• Make your own “hot jobs” list (Able to be critical of advertisements and career advice)
Minnesota’s career, education, and job resource. www.iseek.org
What is Labor Market Information?
The market where job seekers look for work, and employers look for candidates.
Wages / SalaryFuture Growth / ProjectionsNumber of OpeningsEducation or Training NeededRequired Skills
www.iseek.org
Minnesota’s career, education, and job resource. www.iseek.org
Example of Labor Market Information (LMI)
Occupation InterestProfile
Wages & Growth Avg. Growth - All
Occupations: 12.8%
Education Job Outlook
Computer Support SpecialistsEmployment: 10,270
CIR
Low-End: $14.00Median: $20.90High-End: $32.20Growth: 21.7%
2-4 Years Excellent
Computer OperatorsEmployment: 1,880
RC
Low-End: $11.20Median: $16.10High-End: $22.30Growth: -30.4%
1-2 Years Caution
Computer Programmers Employment: 6,750
IRC
Low-End: $20.20Median: $31.80High-End: $49.10Growth: -2.0%
Bachelor's Degree
Fair
Computer Securities SpecialistEmployment: 6,080
IRC
Low-End: $19.30Median: $28.90High-End: $42.80Growth: 35.3%
Bachelor's Degree
Excellent
Computer Systems AnalystsEmployment: 9,000
ICR
Low-End: $22.00Median: $32.50High-End: $45.40Growth: 27.1%
4-6 Years Excellent
Minnesota’s career, education, and job resource. www.iseek.org
Minnesota Job VacanciesCurrent positions employers are looking to fill
(2nd Quarter 2009)
www.iseek.org/jobs/vacancies.html
Total of 31,400 vacancies in Minnesota.
Vacancies down 39.4% from last year
55% of vacancies (17,400) in Twin Cities Metro Area. Remaining 14,000 in Greater Minnesota.
41% of vacancies for part-time employment. Part-time is fewer than 35 hours/week.
Minnesota’s career, education, and job resource. www.iseek.org
Minnesota Job VacanciesCurrent positions employers are looking to fill
(2nd Quarter 2009)
www.iseek.org/jobs/vacancies.html
44% of vacancies required some level of post-secondary education or training beyond a high school diploma.
44% require experience related to the position.
Minnesota’s career, education, and job resource. www.iseek.org
Minnesota Job VacanciesIndustries with greatest number of job vacancies
(2nd Quarter 2009)
www.iseek.org/jobs/vacancies.html
Hospitality (Accommodation & Food Service)
Health Science (Health Care & Social Assistance)
Sales & Marketing (Retail Trade)
Education & Training (Educational Services)
Manufacturing
Minnesota’s career, education, and job resource. www.iseek.org
What Are “Hot Jobs?”In-Demand Jobs / High-Growth Occupations
www.iseek.org/mncareers
* Projected to have a lot of job openings in the next 10 years
* Have job duties or use skills that are needed to help the economy
* Will offer decent pay and steady employment
Minnesota’s career, education, and job resource. www.iseek.org
Source: www.ISEEK.org
What Are “Hot Jobs?”Emerging Careers & Industries
Minnesota’s career, education, and job resource. www.iseek.org
Minnesota Growing Industries
Industry Percent Growth Projected Annual
Openings
Individual and Family Services 77.4% 2,748
Internet Publishing and Broadcasting 60.5% 38
Community Care Facility for the Elderly 58.3% 755
Management & Technical Consulting Services 54.9% 709
Performing Arts and Sports Promoters 51.8% 99
Home Health Care Services 49.9% 646
Business, Computer & Management Training 45.9% 74
Educational Support Services 45.8% 103
Other Schools and Instruction 45.8% 300
Technical and Trade Schools 45.8% 57
Other Support Services 44.2% 404
Wireless Telecommunications Carriers 42.7% 147
Office Administrative Services 42.4% 201
Industries expected to add more new jobs than others from 2006 to 2016
Minnesota’s career, education, and job resource. www.iseek.org
16 Career Clusters• Agriculture• Architecture &
Construction • Arts &
Communications • Business &
Management• Education• Finance • Government
• Health Science • Hospitality & Tourism • Human Services • Information
Technology • Law & Public Safety• Manufacturing • Marketing & Sales• Science & Technology• Transportation
Minnesota’s career, education, and job resource. www.iseek.org
Job Market TrendsKnowledge Economy
• Global Community: U.S. companies need customers and partners in other countries.
• All “Outsourcing” Isn’t “Off-Shoring”: Many outsourced jobs are local long and short-term positions.
• Increased Possibilities: Technology allows individuals to compete globally. Climate rewards entrepreneurism.
• Attitude of Lifelong Learning: Focus on skillenhancement and finding new employmentmarkets and tools.
Source: “The World is Flat,” Thomas L. Friedman
Minnesota’s career, education, and job resource. www.iseek.org
Vertical Career (Industrial Economy) • Climb ladder, long-term employment
at one company
Dynamic Career (Knowledge Economy) • Highly mobile, moving from company
to company
• Upward mobility linked to skills
SOURCE: Working Learners: Educating Our Entire Workforce for Success in the 21st Century, June 2009. Louis Soares, Center for American Progress.
Job Market TrendsVertical → Dynamic
Minnesota’s career, education, and job resource. www.iseek.org
Industrial Economy Knowledge Economy
Stable Dynamic
Dominated by large Corporations Fast-growing, high-impact companies
Most workers need high school diploma
Most workers need postsecondary credentials
Job promotions follow linear career ladder
Job promotions require continuous episodic education and coaching and career planning
Lifetime employment with one company
Many careers with multiple companies
SOURCE: Working Learners: Educating Our Entire Workforce for Success in the 21st Century, June 2009. Louis Soares, Center for American Progress.
Job Market TrendsVertical → Dynamic
Minnesota’s career, education, and job resource. www.iseek.org
•High •Middle •Low
• In 10 years, ½ of all job openingswill be Middle Skills positions
• Middle Skill = Some education/training past high school but less than Bachelor’s degree
SOURCE: Working Learners: Educating Our Entire Workforce for Success in the 21st Century, June 2009. Louis Soares, Center for American Progress.
Skills Employers Want
Minnesota’s career, education, and job resource. www.iseek.org
Skill Set Description Examples
Basic Skills
Skills needed by almost all workers. It's hard to overestimate the importance of these skills. Writing, for example, is a basic or threshold skill that can get you into (or keep you out of) a good job.
•Learning new things•Listening•Math•Reading•Science•Speaking•Thinking critically
People Skills
Sometimes called soft skills, these are among the most sought-after and marketable skills. These skills enable people to work easily and effectively with others in the workplace.
•Being aware of others•Coordinating with others•Helping others•Negotiating•Persuading•Teaching others
Skills Employers Want
Minnesota’s career, education, and job resource. www.iseek.org
Skill Set Description Examples
Systems Skills
Can you understand how parts and wholes work together? For example, can you predict what would happen to your organization if a particular employee left? Or how a new tax law might affect prices at the grocery store? Then you have systems skills.
•Evaluating a system or organization•Understanding a system or organization•Making decisions
Technical Skills
Almost all jobs today require some comfort with equipment and technology. Computers are common and there is some expectation, from entry level to advanced positions that employees work with computer applications and technology.
•Choosing equipment or tools•Controlling quality•Designing equipment or technology•Installing equipment or programs•Maintaining equipment•Monitoring equipment•Operating equipment•Programming computers•Repairing•Troubleshooting
Skills Employers Want
Minnesota’s career, education, and job resource. www.iseek.org
Skill Set Description Examples
Management Skills
Not just for managers anymore. If you can organize projects, money, and your time, you’ll be a more valuable member of any team.
•Managing money•Managing people•Managing things•Managing time
Skills Employers Want
www.iseek.org
Minnesota’s career, education, and job resource. www.iseek.org
Most soft skills are learned in everyday life situations.
You might not be aware of all of the skills that you have to offer an employer.
The more you know about your skills, the better you will be able to talk to employers about what you have to offer.
Skills Employers Want
www.iseek.org
Minnesota’s career, education, and job resource. www.iseek.org
• Ability to serve customers in friendly and respectful manner
• Comfortable working with people of diverse backgrounds
• Reading and understanding reportsand charts
• Taking responsibility for decisionsand actions
Skills Employers Want
Minnesota’s career, education, and job resource. www.iseek.org
• Understand industry and business practices
• Willingness to learn new skills or take on different projects
• Working as part of a team
• Working calmly in busy environments and completing tasks quickly and accurately
• Writing reports, e-mails or business letters that are easy to understand
Skills Employers Want
www.iseek.org
Minnesota’s career, education, and job resource. www.iseek.org
Design Your Career Plan
Discover what your enjoy doing and whatyou are passionate about so youwon’t get burnt out in a career
that you don’t like.
Work from age 18-62, 40 hours/week
= 88,000 hours in a lifetime
Minnesota’s career, education, and job resource. www.iseek.org
• Defined career plan
• Decision-making and goal setting
• Using labor market informationfor planning
• Integrating economic and employment trends
Design Your Career Plan
Minnesota’s career, education, and job resource. www.iseek.org
CareerOneStop• Occupation
& Industry Information
• State Information
• Job Search Resources
• Career Tools
• Career Videoswww.CareerOneStop.org
Minnesota’s career, education, and job resource. www.iseek.org
ISEEK• Explore Careers
– Career Research– Goals Setting– Career Assessments
• Plan Your Education– Education Options– Online Programs– Financial Aid Info
• Find A Job– Explore Job Market– Job Search Steps
www.iseek.org
Minnesota’s career, education, and job resource. www.iseek.org
MnCareers• Start Exploring
– Career Decision– Interest Assessment– Hot Skills– Work-Based Learning
• Investigate Careers– Career Clusters– Labor Market info & salary
for 200 occupations– Descriptions & education
requirements
• Future Planning– Higher Education– Military– Apprenticeship– Job Search Resources www.iseek.org/mncareers
Minnesota’s career, education, and job resource. www.iseek.org
Minnesota Works Job Bank
• Part-Time Jobs
• Internships
• Minnesota Employers
• Free to Post Resume
www.minnesotaworks.net
Minnesota’s career, education, and job resource. www.iseek.org
Questions?
www.ISEEK.org
www.CareerOneStop.org
www.minnesotaworks.net
Connect with ISEEK on Facebook