This study reports the development and initial validation of the "Career Futures Inventory-Revised" (CFI-R) in two large samples of university students. The 28-item CFI-R assesses aspects of career adaptability, including positive career planning attitudes, general outcome expectations, and components of Parsons' tripartite model and Bandura's personal agency. Results revealed five internally consistent subscales: career agency, occupational awareness, support, work-life balance, and negative career outlook. Changes from the original CFI include a measure of career agency, including content addressing self-awareness, control, and self-efficacy for managing career transitions; and measures of relational components. Convergent and discriminant validity of the CFI-R subscales were examined related to measures of career decision status, difficulties, and self-efficacy, as well as dispositional optimism and coping styles. The CFI-R can aid in the understanding of current attitudes toward a variety of career transitions and enhance the effectiveness of career counseling by addressing clients' concerns in a changing occupational world. (Contains 6 tables.)