Even though the previous economic crisis of 2007 to 2008 seems like a distant memory, you might consider preparing for another worst-case scenario by looking into some recession-proof jobs in secure fields. The following seven careers are relatively stable compared to most types of jobs and might offer better security for you and your family.
1. Teaching
Even if a public school system faces budget cuts due to a bad economy, there is always a need for teachers somewhere in the United States. The education field offers recession-proof jobs because you can land a position in most regions if you have the required degree and teaching certifications. You can also teach at various levels, so if your elementary school faces layoffs, try teaching high school or college.
2. Nursing
There are always people who need medical attention for illnesses and injuries. The health care industry usually has plenty of recession-proof jobs because medical systems need qualified nurses and other medical professionals to take care of patients. Consider positions at hospitals, doctor's offices and in-home health care companies. Medical assistants are in high demand due to baby boomers retiring. Many of these older Americans have health issues, and the health care industry is facing a shortage due to the large number of recent retirees who worked in this field.
3. Accounting
Businesses require help navigating financial laws, especially when it's time to file income taxes. That's where an accountant comes into play. All industries require the expertise of a financial expert or CPA, making this a recession-proof field. You can start out at a firm following an internship, become an independent contractor or start your own accounting firm.
4. Auditing
Auditors are internal employees who check the financial health of businesses to make sure the company's cash flow is consistent. Auditors also help organizations prepare for visits from accountants or IRS representatives and get companies ready for tax season. Companies always require these services, which is why this is a secure field.
5. Utilities
Because Americans must have power and water flowing at all times, there are many recession-proof jobs in the utilities industry. This industry always needs the help of skilled workers, who often obtain jobs through the city, the county or a private company.
6. Actuaries
Actuaries assess and minimize risk for companies, and both of these are important during tough economic times. Actuaries have expertise in insurance, accounting and finance and can use their knowledge to help companies stay afloat.
7. Funeral Home Director
Funeral home directors take care of embalming, burial and memorial services for loved ones. Consider this field if you can stand its somber nature, as funeral service workers are always in demand.
These recession-proof jobs do not guarantee professional security if tough times hit. However, they offer a better chance at job stability than most fields.
Photo courtesy of photostock at FreeDigitalPhotos.net
Become a member to take advantage of more features, like commenting and voting.
Register or sign in today!