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Career Exploration
Fall 2011 Suzan Reagan, Labor Economist
Labor Market Information•Job Descriptions•Education•Wages•Employment levels•Future Growth
Labor Market Statistics
How much does Education pay?
• High school graduate earns a new Ford F-150 more every 2.4 years than a non graduate. ($22,790.00) Some College 1.6 years
Associates 1.3 yearsBachelor’s ever 8 months
Budget for “less than a high school graduate”
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Category Amount
Monthly Income $1,776
Monthly Expenses Rent: 1 bedroom -565
Utilities: water, gas, electric -114
Communication: Cell, phone, internet, cable -240
Food: groceries, eating out -250
Transportation: gasoline, bus, train, taxi, etc. -95
Clothes & Laundry: -75
Personal: Hair cuts, makeup, misc. -40
Medical: office visits doctor and dentist -50
Insurance: -125
Loans: credit cards, car payments -225
Entertainment: -60
Savings: -10
Left over -73
Why this Silly Question?
What do you want to be when you grow up?
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How you should answer
Your answer should be informed and attainable !
Why should you answer?
1. The question will go away!
2. People will start helping you
3. Goals lead to success
Researching Occupations
Your InterestWages
EducationFuture Outlook
Tools for Career Exploration
•Career Solutions : http://www.dws.state.nm.us/careersolutions/index.html
•Green Jobs Portal: http://www.greenjobs.state.nm.us/
•LASER: http://laser.state.nm.us/
•NM Workforce Connection: https://www.jobs.state.nm.us/
•National http://careeronestop.org/
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Briefly what if I make the wrong choice?
Choose an occupation to aim for…
To take away
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• Labor Market Information is statistics about jobs
• Career Exploration is a part of choosing career goals
• Education is important
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