- Get link
- X
- Other Apps
-
1/10 SLIDES © Thomas Barwick
9 jobs that will survive the next recession
More than 8 million jobs were lost during the last recession. Although
no one is expecting the next downturn to be that severe, it pays to prepared.
While no jobs are completely sheltered from an economic fallout
, there are certain industries which will be impacted less
when a recession hits, including healthcare, government,
education and accounting, according to Andrew Chamberlain
, chief economist at Glassdoor.
"Historically, there are industries and occupations that have been less
correlated to business cycle fluctuations, like recessions, than
others," he said. "If you are looking to reduce the risk of losing your
job during times of a recession, we know that in the past jobs in
healthcare, education and utilities have not suffered as many job
losses as in other fields during a down cycle."
To be more specific, Glassdoor compiled a list of the jobs that
will be safest from cuts during the next downturn. Here are the
top jobs, in no particular order, that are nearly recession proof.
-
Teacher
Median base salary (national average): $45,263
Having the summer off is nice, but having nearly guaranteed e
mployment takes the cake. While job growth in this industry
has held pace with the national average, security is the key to
this gig. Whether it's working in private or public schools or at
the elementary or high school level, "communities will always
need schools, so you are never going to see steep drop off," said
CareerCast content editor Kyle Kensing. -
Funeral Director
Median base salary: $41,000
Admittedly, this job isn't for everyone, but if (human) history is any guide
, it's one of the more reliable careers around. "You will always have
that need for funeral homes and services," Kensing said. Pros typically
have an associate's degree in funeral service or mortuary science and
do work some nights and weekends, often on call. -
Median base salary: $93,090
Requiring just a master's degree instead of an MD, physician assistants examine,
diagnose and treat patients, often alongside physicians and surgeons in
private practice as well as in hospitals. They basically do the job of an
MD up to a certain point, said Michael Cooke, a partner The Execu|Search Group,
a recruiting firm specializing in healthcare, accounting and finance – without the
often hefty student loan tab from medical school. Employment of physician
assistants is projected to grow 30 percent from 2014 to 2024, much faster
than the average for all occupations, according to the Bureau of Labor Statistics. -
-
-
-
-
-
-
Professor
Median base salary: $114,134
This prestigious position does entail long hours developing
coursework or grading papers, but it is decidedly unstressful
and pretty picturesque. Most professors work with college
students on campus or on their own independent research
. However, this type of gig doesn't come easy. Tenured
positions are highly competitive, hard to find and require a post-secondar
y degree or, in some cases, a doctorate. Employment of post-secondary
teachers is projected to grow 13 percent from 2014 to 2024, faster
than the average for all occupations.
-
Accountant
Median base salary: $50,000
Accountants work with individual clients and large and small
organizations to prepare financial records and ensure that
taxes are paid properly and on time. Overtime hours are
typical at certain times, particularly during tax season and
at the end of the year. Still, it's a job that is in high demand and,
despite the stress around deadlines, pays well and has plenty
of employment opportunities. "It's one of those areas that you
can't beat in terms of being relatively recession proof," Cooke said.
"There are never enough people for audit or tax." The unemployment
rate among accountants and auditors is just 2.2 percent — less than
half of the national average .
-
Auditor
Median base salary: $56,330
Similarly to accountants, auditors ensure that financial records
are accurate and that taxes are paid properly and on time.
Auditors also assess a company's financial operations to
make sure it is run efficiently. "In this world of increased
regulation, post-Enron, it's very important to have strong
financial controls in place and that has led to increased hiring,"
said Cooke. "Name the bank and they are trying to beef up
their audit department."
-
Nurse
Median base salary: $51,460
As a "jack of all trades" at a hospital or doctor's office, nursing
positions have a great job growth outlook, according to
CareerCast's Kensing, particularly with the expansion
of outpatient care and urgent care. It's also a profession
that pays relatively well, regardless of geographic
location. To be employable, most nurses either have a
bachelor's degree or an associate's degree in nursing
or a diploma from a nursing program, all of which
require significantly less time than becoming an MD.
-
-
5/10 SLIDES
© Hero Images
Comments
Post a Comment