Hundreds of jobs are disappearing daily in many countries. In some industries people manage to keep their jobs during recessions and financial crises. What are the recession-proof jobs in 2009-2010?
Jobs are disappearing daily all over the world. The news media is reporting hundreds of job cuts and giving gloomy forecasts. The International Labour Organization (ILO) predicts that 20 million jobs, mostly in construction, real estate, financial services, and the automobile sector, will disappear by the end of 2009.
Are there any industries, where jobs will be stable throughout the current financial crisis?
If we compare the current recession to earlier ones like in 1981-1982, 1990-1991 and 2001, we would see how some sectors did not lose jobs and the number of jobs even grew in some.
Recession Proof Industries
* Security – No matter how bad the financial crisis gets, the need for security shall not decrease. Jobs like firemen, police, law enforcement officers, customs and security services, forensics, and shop security personnel may even need more skilled personnel during the recession.
* Healthcare – The need for skilled nurses, doctors, psychologists and psychotherapists, analysts, caregivers, medical assistants, physical therapists, home health aides, medical records staff and health information technicians will hardly decrease and may even grow during the recession.
* Education – The need for trained teachers and some other skilled people in the core processes of the education industry in highly populated growth areas remain constant during recessions and will probably remain so now.
* Personal Care – Barbers, hairdressers, beauticians and cosmetologists also could keep their jobs. Businesses in the upmarket range might lose customers but those who cater to downmarket needs will probably survive.
* Legal Professions – Skilled professionals in the claims and compensation sectors, or those dealing with bankruptcies, and contractual disputes usually see more work during recessions.
* Food Industry – People can’t give up eating even during a recession. Cheaper take-aways and eateries would need more staff ready to work at lower pay to function than luxury restaurants, which may not have enough customers.
* House and Car Repairs – Skilled house repair servicemen like plumbers or electricians in densely populated areas didn’t lose their jobs during previous recessions. Though not many new houses are being built, emergency repairs are vital. We might drive older cars, but they need to be serviced and repaired. Cleaners will still be needed.
* Environmental Sector – The demand for skilled professionals in environmental health and protection has been constant and is not likely to diminish during the recession.
* Sales and Marketing – Business need to market more aggressively in hard times. Skilled marketing and salespeople working on commission pay basis would keep their jobs even during the recession days.
* IT and Accounting Services – IT services need to function always. Skilled people working to provide accounting and IT-related services in core business functions would still be in high demand throughout the recession and more during the next upswing.
* Mortician – Ok, you knew it was coming. It’s macabre and spooky, but career-wise, this is the house that always wins. And you don’t need to be a funeral director to get in on the action. There are several lucrative, death-related careers. Here’s a list; imagine the details yourself: Coroner, Embalmer, Crematorium Technician, Casket Manufacturer, Obituary Writer, Grave Digger.
* Politician – Death, Taxes…Politicians, they will always be with us. It’s an election year, so it deserves a mention. We like to think them as public servants, but they also get paid. Whether it’s the local District Attorney or a Congressman in Washington, our elected officials receive a tidy salary and a budget for the running of their office. Sounds rather cushy, but we all know (wink, wink) they’re not in it for the money.
* Government Employee – It may not be a glamorous politician’s life, but somebody has to keep the wheels of bureaucracy well-oiled. The wonderful thing about Government Employment is the longevity. Usually, people leave only when they retire. Not only are they rarely downsized, but during a recession, the government is notable for creating new jobs within its network. Government contracting can also provide stable employment.
* Social Worker/Career Counselor – Economic turbulence is a time when people need help the most. Ordinary problems seem bigger when money is short. Hence, the need for Social Workers and counselors dramatically increases whenever the economy flops. Social Assistance offers a range of emphasis, from youth and family programs to elderly and handicap services. Career Counselors go hand in glove with economic hardship. They is nothing like being unemployed to make someone feel helpless. Job and industry downsizing will keep Career Counselors busy.
* Bartender – When times get tough, booze sells. And actually, you don’t need to be the one mixing drinks and listening to the clients’ life story. Anyone involved in the production, manufacture and distribution of alcohol is sure to profit, from the distillery to the bar where you serve it up neat.