Possibly one of the more sensitive topics we’ll be covering: recession-proof jobs. In any instance, once we hear the word recession, it means bad things are about to happen. The 2008 recession, for example, saw 10% of Americans lose their jobs––get unemployed. The harsh reality of recession has proven true, even today.
Not only do you lose your job, but hirings are at an all-time low alongside mass layoffs––and if job openings were to be available, get ready for some major competition. Back then, higher education guarantees job security the modern age cannot offer. Before, minimum wage jobs even required you of a college degree. Talk about competition, am I right?
In 2020, the number of lost jobs was over 35 million and the unemployment rate rose to 14.7% per the U.S. Bureau of Labor Statistics. One of the major factors is that because of the recession, it’s more of a survival of the fittest where the bigger job sectors are the only ones to remain intact. Sometimes, it may seem that the recession is perceived differently by many––but it’s all the same for those who lost their jobs.
True enough, no job is guaranteed in this world. However, there are a few fields out there that are affected by the recession just a little bit less. Here’s a list of recession-proof jobs!
Table of Contents
- 1. Medical & Healthcare Providers (Healthcare Industry)
- 2. Teachers and College Professors
- 3. Accountants
- 4. IT or Tech Professionals
- 5. Utility Workers
- 6. Delivery and Services
- 7. Lawyers and Legal Professionals
- 8. Federal Government Employees
- 9. Credit and Debt Management Counselors
- 10. Senior Care Providers
1. Medical & Healthcare Providers (Healthcare Industry)
This one should be easy to explain enough. From a doctor to a nurse, a physician to a radiographer, it’s all the same––any job in the medical field is a place you can work at during a recession. Whatever happens with the economy, your physical and mental health are affected all the same––people get sick all the time, even during the recession. Accidents will happen, physical exams are needed, and babies will be born, there’s really no escaping that fact.
Therefore, a job in a hospital or a clinic guarantees you maximum job security. No matter what happens within the economy or the stock market, people will get sick all the same and they will need all the care they can get from these medical establishments.
2. Teachers and College Professors
As long as children are born (and being made), the need for the presence of academia will never cease to exist. With or without a recession, education will still continue. Classroom sizes may get smaller or online classes and home school might be the best move, but the need for educators will always be cyclical. No matter what happens outside of the classroom, the bell must ring once more for lunch.
Teachers and professors are two of the most unionized professions in the world––and they also come with a pretty hefty list of guaranteeing you your job security. Higher education also gives you the benefit of what’s called tenure, regardless of how the economy is standing.
According to the National Bureau of Economic Research, enrollment in higher education increased during the great recession.
Whether you like it or not, Ben Franklin just stated one of the most factual quotes of history: “In this world, nothing can be said to be certain, except death and taxes.” Nothing quite proves any truer than that. As long as businesses continue, the need for accounts and those who might as well have the tax system embedded in their heads exist will always be there.
From keeping track of financial records, bookkeeping, and tax filings, accountants are there to help you with your everyday business needs.
4. IT or Tech Professionals
The wake of the 21st century meant the wake of technology. There’s really nothing more to it. Our dependence on technology is at an all-time high––and as long as these technologies exist, IT support co-exists with it. May it be creating databases for companies, repairing your old laptops, or troubleshooting your phones, they’re there.
And now, in 2021, people have slowly transitioned to working from home––further reducing the overhead cost of technology by companies and giving their employees more options to work than ever.
5. Utility Workers
Utility workers are what keeps a business working––literally. Support personnel, may it be waste management or electricity, are needed regardless of how the economy states itself to be. Their specialties are the services people need every day––therefore the high demand. However, as this sector’s labor force ages, be ready for labor shortages as well.
6. Delivery and Services
Over the years, more and more retail stores are willing to close their doors to venture out to the unknown––the unknown being online shopping. With that, more and more originally-brick-and-mortar stores have transitioned to putting their catalogs online over the years.
These business models rely on courier and delivery services to transfer their goods from point A to point B. These are well-utilized by services such as food and meals, groceries, household items, hobbies, and even alcohol (unless you consider it a hobby as well, wink wink).
7. Lawyers and Legal Professionals
One of the more straightforward ones on the list. However, during the most recent recession, law and MBA graduates found themselves jobless for three months on average. Not all jobs in this sector are recession-proof, that’s for sure, but legal professions such as those who work under bankruptcy and divorce are the ones who aren’t affected at all.
The list also includes jobs like paralegals, legal assistants, court reporters, and even courtroom security are stable, recession-proof jobs under the sector. When these big corporate businesses and firms layoff their staff, lower-paid workers are the ones who are pretty much safe from it all.
8. Federal Government Employees
Federal jobs, as you may know, are probably the most stable jobs in the world. Both civilian and military jobs are safe from a recession and provide a handful more job security. Congress, however, has the final say to all this––but working under the federal government is a safe option.
In the military, career opportunities and growth are also present––not to mention a chance at a higher education degree.
9. Credit and Debt Management Counselors
At times of economic failure, people turn to these specialists and counselors to help them manage their debt. During the recession, this is always the case for those who struggle financially––especially for businesses.
These counselors are the people you need help from to negotiate a reworking of your debt to reduce your personal liability and may even avoid bankruptcy if it comes to the point. They’re also the people to turn to for financial advice to lessen the damage when you’re further into the recession impact.
10. Senior Care Providers
As the population ages (which never stops), jobs at living facilities and the demand for care inside homes continue to rise. The same goes for a recession, unfortunately. Everything under the sun to care for the elderly––from transportation to food aid, senior care providers, well, provide it all for them.
Real talk, there are no 100% guaranteed recession-proof jobs in this world. The market changes, labor needs changes, and everything else changes––there are just certain careers that best others in terms of job security. A few careers can be considered as “recession-resistant” if they’re less affected by the recession. However, there really is no way to safeguard your job from the midst of it all. In the time of a recession, stress and anxiety build-up to a point where you lose yourself in the process––so stay vigilant and be prepared because those are the only two things you can do.