One of the ways to cope with recession is to consider a career shift. Not too many people like the idea of changing career paths during a downturn. However, if you have already felt the effect of recession – say you’ve been laid off, why not give a different career a chance.
It may not have crossed your mind to prioritize job security when choosing a job but it should be an important factor. Whether you are choosing your first job or making a switch job security is crucial, particularly during our present economic situation. Indeed, no job is 100% secure, but there are some industries where workers are more confident that even if they lose their job the demand is so great that another job is available.
So how do you choose a career that’s right for you during a recession? Here are some recession-proof careers that are worthy of consideration:
Education
In areas of population growth there is a shortage of teachers. No matter how down the economy is, teachers will always be neccessary in a community. Children will continue to go to school. Also, unemployed adults may decide to further their education creating more opportunities for teachers.
Healthcare
Job hunters with an Information Technology background are said to be a good fit to the healthcare industry – particularly nursing. This is because Nursing is an information-driven career. Healthcare is an industry that usually is one of the last to be affected during these times.
Energy and Utilities
Energy consumers may cut back, but the consumption will not stop. The same with utilities, people will still light their homes. So, jobs like maintenance and utility administration prove to be more stable than others during a recession.
Pharmaceuticals
As long as physicians prescribe drugs, people are still going to take them. This means that if you are working as a pharmacist or as a quality assurance analyst in pharmaceutical laboratory, you are in good hands.
Military
Since the military is always hiring, particularly during wartime, during a recession soldiers will not be that affected. Serving the military also means that most of your living expenses will be covered.
Security
Recession does not stop crime. With the increase in layoffs and job loss crime rates may even increase. The need for security workers becomes greater either through private security firms or publicly funded law enforcement.
Government
Working for the government can be one of your best choices during this downturn. This is because many stable jobs can be found in the federal government. The government will not cease from functioning even during crisis.
Although it's not ideal to choose a career based purely on job security it should be consider when deciding what it is you would like to do for a living.