Industries With the Most Recession Proof Jobs
For months, people have been talking about a recession. While no one can know whether or not a recession will happen in the near future, you should still prepare yourself for the possibility. One of the best ways to ensure your future is to look for a recession-proof job. Here are a few jobs that can help you survive a recession.
Health Care Worker
No matter what happens to the economy, there will always be a need for health care workers. People get sick and need medical care, and that's a guarantee. In fact, the mental and physical effects of a recession often cause people to have more medical needs during recessions. As life becomes increasingly challenging, the effects take a toll on individuals. This results in an increased demand for health care professionals.
Before you start applying for medical school, you should know that doctors and nurses aren't the only ones who can thrive in a recession. Physician assistants, health care aides, and receptionists all have job security. A medical office or hospital can't work without enough staff members. If you're worried about a recession, you should explore your options in the medical field.
Public Safety Officer
There's not enough data to state that crime rates increase during a recession. However, that doesn't mean that there's no need for public safety during a recession. Regardless of the economic climate, the government makes public safety a priority. Society cannot function without public safety personnel providing protection to the public.
You don't need to enroll in the police academy to be a part of public safety. Although being a police officer is certainly an option, there are other possibilities. For instance, firefighters and EMTs are public safety officials. They can count on having a job even when there's not much money left in the budget. When an economy tanks, public safety usually is one of the last areas to take a hit.
Education Worker
If you're looking to make millions of dollars, you probably don't want a career in education. Nevertheless, this sector gives you job security for the toughest of times. Because the salary for teachers is already low, they are unlikely to encounter pay cuts. There's also always a need for education no matter what the status of the economy may be.
If you join a teacher's union, you have even more job security. Your union can protect you from layoffs and pay cuts. So, while teachers don't make a lot of money, they have a great deal of job security. If you love kids, this could be the right career move for you.
Public Utility Worker
Utilities are a part of daily life. If you didn't have gas, water, or electricity, you wouldn't be able to do much of anything. This is why people in the public utilities sector have excellent job security during recessions.
You could either work for the local government as a utility worker or for a private company. Either way, there's little risk of you experiencing layoffs. The requirements for this type of work vary, but you may be able to find a few entry level positions.
Funeral Director
Death may be a morbid topic of conversation, but it's a reality. And during a recession, death doesn't take a break. People still need funeral directors to organize the death wishes of their loved ones. When someone needs to plan a funeral, they turn to the funeral home.
As a funeral director, you may help people pick coffins or urns, organize services, and advise the family members of the deceased in all other matters. You don't have to worry about a decrease in demand because of a floundering economy.
Financial Service Provider
It doesn't matter what financial service you provide someone with - you'll be in high demand during a recession. Accountants, bookkeepers, and financial advisors always have a job. Despite experiencing a slower economy, people still need to file their taxes or manage their finances.
You could even argue that financial services are more important during a recession. As more people struggle financially, they turn to a professional for assistance. You could truly make a difference during a tough time.
Grocery Worker
As much as people might like to grow their own food, being self-sustaining isn't feasible for most families. Therefore, you could find a recession-proof job in the grocery industry. Less people tend to eat at restaurants during recessions, and this brings them into grocery stores.
You could opt to work as a cashier in a grocery store and work your way to management. If you already own a grocery store, you also have job security. The only grocery stores that might struggle during a recession include expensive health food boutiques. Typically, lower-priced grocery stores do better during recessions.
Legal Professions
Most lawyers have job security during a recession. And if getting a law degree doesn't appeal to you, there are other ways to get involved in the legal industry. You can work as a clerk, paralegal, or secretary for a court or law firm.
Should You Pick a Recession Proof Career?
If you're currently looking for work, you have a decision to make. Do you want a recession proof career, or do you want the ideal job? Before you start looking for work, consider your goals. Putting the economy aside, what do you want from your job? Pick a career path that allows you to do something you enjoy, or it may only be a matter of months before you're on the hunt for a different job.
As you search, consider your income requirements. For some people, working as a grocery store cashier doesn't provide enough income to pay the bills. Make sure you don't only focus on finding a recession-proof career; you need to also think about your current needs.
With all that said, you may be able to find a job that provides job security and everything else you want from work. If you put in the time and pick the right employer, you can have peace of mind and enjoy your career.