5 Recession Resistant Career Categories
While there is no true ‘recession-proof’ job, there are some key industries that will be in demand regardless of the economic health of a society and these industries will always have a need for skilled and qualified workers.
The key is to remember the difference between a job and a career.
Career professionals may have multiple jobs over a lifetime but they have the training and skills to transition easily from job to job should their current position be eliminated due to economic downsizing.
Customer service workers who do not have face to face interactions with customers are in great jeopardy. Call centre workers, back office workers, and virtual tech support specialists can quite easily be replaced by outsourcing and off-shoring to reduce costs and more and more companies in the telecommunications, diagnostic, and retail industries are turning to these solutions.
In addition, workers who manufacture goods may face greater jeopardy than those who come up with ideas. Once the process of building something has been determined, it becomes easy to relocate that process to other countries. The creative designers and engineers who develop the processes, however, will always be in high demand.
So, what are the best careers to pursue in a bad economy?
Healthcare workers that have face to face interactions with people, including: Doctors, Nurses, X-Ray Technicians, Physical Therapists, Phlebotomists, Dentists, and Dental Hygienists will always be in demand. Should these workers lose their incomes during a recession, they are the most likely to return to work quickly with the shortest gap in employment. Pharmacists and skilled, certified pharmaceutical workers can also be counted among this group.
Professionals, including: hairdressers, plumbers, electricians and repair people of all kinds will likely see demand for their services in every economic cycle. Some may even see an increase in demand during a recession as people get new haircuts for job interviews and attempt to save money by repairing old appliances and cars rather than replacing them with newer models.
Schools are not recession proof, but there is always a need to teach someone something. The key is to be creative and flexible.
When traditional teaching positions are not available, qualified instructors may be sought for online courses, corporate training programs, and government funded job skills training programs. Freelance educators are often targeted for less traditional positions like curriculum editing, instructional design and copywriting on educational topics.
Energy and Utility Services
People may cut back on their consumption of energy during a recession but they still require basic electricity, heat, water, and sewer services to their residence and place of business. Office workers in this industry face the same risk as other telephone customer service representatives but skilled technicians will remain in demand.
Providers of Public Services
Traditional workers who can’t be replaced by automation and provide necessary goods and services to the public will generally survive a recession. These are the workers in the Sesame Street song from the 1970s, “Who Are the People in Your Neighbourhood”. The police officer, the grocer and the trash collector may see pay cuts during a recession, but they are careers that are considered necessary and will remain in demand.
– Lee Tonge, The CV Store