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Entering the Job Market

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)

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Entering the Job Market

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  1. Entering the Job Market How to find and succeed in an internship or first job in your field

  2. State of the Job MarketWhyUse 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)

  3. What is Labor Market Information? The market where job seekers look for work, and employers look for candidates. • Wages / Salary • Future Growth / Projections • Number of Openings • Education or Training Needed • Required Skills www.iseek.org

  4. Example of Labor Market Information (LMI)

  5. Minnesota Job Vacancies Current positions employers are looking to fill (2nd Quarter 2009) • 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. www.iseek.org/jobs/vacancies.html

  6. Minnesota Job Vacancies Current positions employers are looking to fill (2nd Quarter 2009) • 44% of vacancies required some level of post-secondary education or training beyond a high school diploma. • 44% require experience related to the position. www.iseek.org/jobs/vacancies.html

  7. Minnesota Job Vacancies Industries with greatest number of job vacancies (2nd Quarter 2009) • Hospitality (Accommodation & Food Service) • Health Science (Health Care & Social Assistance) • Sales & Marketing (Retail Trade) • Education & Training (Educational Services) • Manufacturing www.iseek.org/jobs/vacancies.html

  8. What Are “Hot Jobs?”In-Demand Jobs / High-Growth Occupations • * 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 www.iseek.org/mncareers

  9. What Are “Hot Jobs?”Emerging Careers & Industries Green Careers Health Care RenewableEnergy Science, Technology, Engineering & Math (STEM) Source: www.ISEEK.org

  10. Minnesota Growing Industries Industries expected to add more new jobs than others from 2006 to 2016

  11. 16 Career Clusters • Health Science • Hospitality & Tourism • Human Services • Information Technology • Law & Public Safety • Manufacturing • Marketing & Sales • Science & Technology • Transportation • Agriculture • Architecture & Construction • Arts & Communications • Business & Management • Education • Finance • Government

  12. 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

  13. Job Market TrendsVertical → Dynamic Vertical Career (Industrial Economy) • Climb ladder, long-term employmentat one company Dynamic Career (Knowledge Economy) • Highly mobile, moving from companyto 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.

  14. Job Market TrendsVertical → Dynamic SOURCE: Working Learners: Educating Our Entire Workforce for Success in the 21st Century, June 2009. Louis Soares, Center for American Progress.

  15. Skills Employers Want •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.

  16. Skills Employers Want

  17. Skills Employers Want

  18. Skills Employers Want www.iseek.org

  19. Skills Employers Want • 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. www.iseek.org

  20. Skills Employers Want • 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

  21. Skills Employers Want • 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 www.iseek.org

  22. Design Your Career Plan Discover what your enjoy doing and whatyou are passionate about so youwon’t get burnt out in a careerthat you don’t like. Work from age 18-62, 40 hours/week = 88,000 hours in a lifetime

  23. Design Your Career Plan • Defined career plan • Decision-making and goal setting • Using labor market informationfor planning • Integrating economic and employment trends

  24. Occupation& Industry Information State Information Job Search Resources Career Tools Career Videos CareerOneStop www.CareerOneStop.org

  25. 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 ISEEK www.iseek.org

  26. 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 MnCareers www.iseek.org/mncareers

  27. Part-Time Jobs Internships Minnesota Employers Free to Post Resume Minnesota Works Job Bank www.minnesotaworks.net

  28. Questions? www.ISEEK.org www.CareerOneStop.org www.minnesotaworks.net Connect with ISEEK on Facebook

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