The knowledge economy is changing the way people work. New labor market entrants can expect to experience a succession of jobs in a number of industry sectors during their working lives. They may have concurrent part-time jobs at one time, and no paid work at other times. Work periods will be interspersed with periods of learning, either full- or part-time, perhaps while working at one or more jobs. Project-based work is the norm in more and more public and private sector organizations across Canada. The key for career professionals is to help students and adults choose education and training, and work that serve both their needs and those of Canadas evolving workforce. The challenge is to help youth and adults learn how to choose wisely and commit to ongoing self-improvement for the rewards of satisfaction and self-fulfillment in the near-term and contingency planning in the longer-term. Thus, the knowledge economy demands a new approach to career development. This paper presents the new career management paradigm, which is about helping people become healthy, self-reliant citizens, able to cope with constant change in rapidly changing labor markets and maintain balance between life and work roles. (Contains 23 references.) (GCP)