Best Careers for a Recession
December 27, 2008
The moment that I realized this economic downturn was real was the day that I quit my job to move to Orlando. I thought to myself, “I won’t have a problem finding another job”. Three months later, I’m very aware that the economic downturn is real.
I have applied for numerous jobs without receiving any call backs. I’ve revised my resume numerous times, and I’ve applied within several different industries. The fact is that many companies are not hiring right now, they are waiting to see if the economy will be jump started in 2009.
Recession Proofing Your Career
However discouraging the job hunt may be, don’t feel defeated in your career just because the economy has slowed down. Certain industries are hit harder than others during a downturn, you may be able to find the same type of job in a different industry. Another option is transitioning into a similar job that requires many of the same skills but is in a better industry.
Here are some tips for finding a career that may be a little more stable during a recession.
Choose A Job That The Population Demands Regardless of Economic Climate. Jobs in medical, pharmaceutical, and other health care related industries will likely always be in demand no matter what the economy is doing.
Consider a Government Job. The government needs to run despite downturns in the economy. You might see some downsizing but there’s much less of it than there is in the public sector.
Show Your Worth To The Company. Choose a job or career that is involved in saving your company money or generating new income. Cost centers in companies are scrutinized the most and reveue generating sections find it harder to get rid of people while still meeting client demands.
Recession Hardy Careers
CNN Money has a list of recession proof careers that should feel less of an impact from the weak economy.
- Financial Adviser
- Software Program Manager
- Database Administrator
- Physical Therapist
- Physician Assistant
- College Professor
- Certified Public Accountant
Education, Information, Technology, and Health Care are great industries. Their demand is less affected by the economic climate since these types of jobs always need someone to fill the role.
My wife is a physician assistant, and she will never have a problem finding a job. Right out of school, she had recruiters calling her to get interviews. She had to turn down several job offers after taking her first job. It’s a great profession, and it’s a great alternative to spending 10 years trying to become a physician.
Best Careers for 2009
US News and World Report has compiled a list of their top 30 careers for 2009. I like their list, because it has careers that aren’t as well known but sound as though they could be pretty rewarding. Here is the list:
- Biomedical equipment technician
- Curriculum/training specialist
- Genetic counselor
- Government manager
- Health policy specialist
- Higher education administrator
- Landscape architect
- Locksmith/Security system technician
- Management consultant
- Occupational therapist
- Physical therapist
- Physician assistant
- Politician/Elected official
- Registered nurse
- School psychologist
- Systems analyst
- Urban planner
- Usability/User experience specialist
This article is near and dear to my life, because I am currently in the process of figuring out a new career to pursue. I want to do something that excites me when I wake up every morning, and I want it to make a difference in my community.
I have been leaning towards developing a financial counseling business, because I am passionate about helping the everyday working family with their finances. Many financial planners and advisers pursue only high net worth clients, but it’s the average American who really needs help and direction with their money.
We have thousands of people every day that are foreclosing on their homes, battling massive amounts of debt, and getting harassed by credit collectors. I want to help those people. That’s my thought right now, but I need to do something in the meantime to help pay the bills!
What are your career passions? Are you in a job right now that doesn’t satisfy you? Do you wake up every day dreading the thought of going to work? Let’s help each other find the career path we were meant to pursue.
All posts by Erik