Career Definetion

"A career is a sequence of jobs, each providing skills and experience needed for the next. In effect, an employer uses part of the extra revenue a worker generates to trained him and pay the rest in wages. As the worker accumulates human capital his pay rises... A worker invests in their career in light of conditions he expects in the future. He tries to gain valuable skills and knowledge at each stage of his career, but things are bound to turn out better than he expects in some ways and worse in others. Overall, if it turns out that he has made good choices, he advances quickly; otherwise, he advances slowly or loses his job. ...Most job changes are promotions, and occur within a single firm. Even those that involve moving to a new employer usually represent progress along a career path..."