CPCC Labor Market & Career Pathways Flashcards

Which U.S. government resource provides occupational outlooks, median wages, and projected job growth data most commonly used by career coaches?

Answer: Occupational Outlook Handbook (OOH)

The Bureau of Labor Statistics publishes the Occupational Outlook Handbook, the primary reference for job growth projections and median wages used in career counseling.

A career coach helping a client explore transferable skills across industries should primarily consult which database?

Answer: O*NET OnLine

O*NET OnLine provides detailed skill, ability, and knowledge taxonomies that help coaches map transferable competencies across occupations.

The concept of 'labor market information' (LMI) in career coaching refers to which type of data?

Answer: Data on employment trends, wages, and in-demand occupations

LMI encompasses quantitative and qualitative data on employment trends, wage levels, and occupational demand used to inform career planning decisions.

When advising a client about 'emerging occupations,' what does this term specifically mean in labor market context?

Answer: Occupations growing faster than average due to technological or social changes

Emerging occupations are roles created or significantly expanded by new technologies, industries, or social shifts, often outpacing average job growth rates.

A career coach notices a client's target industry has a high 'occupational replacement rate.' What does this indicate?

Answer: Many job openings occur because workers frequently leave or retire, not just growth

Occupational replacement rate measures openings due to separations (retirements, quits) rather than net new job creation, indicating ongoing hiring even in stable fields.

Which framework best helps a career coach explain regional differences in the same occupation's pay to a client?

Answer: Geographic wage differentials and cost-of-living adjustments

Geographic wage differentials reflect how local cost of living, industry concentration, and labor supply affect compensation for the same occupation across regions.