Business

10 Recession Proof Jobs According to Experts

10 Recession Proof Jobs According to Experts

It turns out there are many types of jobs and many industries that will happily hire you during a recession. For many, the thought of a coming recession is a cause for concern, however if you are looking to change careers, this list might help. Many companies will be using expert headhunters, like Eagle Headhunting London, to conduct their searches. As competition for jobs grows higher, the importance of finding the right candidate is more vital than ever.

1 – The Entertainment Industry

Even during the pandemic lockdowns, people were still gainfully employed in the entertainment industry. The stars may rotate in and out of favour, but the people working in other entertainment areas are always in demand, even during a recession.

2 – A Job in Healthcare

The job is recession proof because even in a recession, the hospitals and medical staff are paid by the government. Even the private sector has a long line of patients who are willing to pay. The job may be depressing in some senses, which also may account for why there are often more jobs open than people qualified to fill them. Ergo, even during a recession, people can still find jobs in healthcare.

3 – Delivery Services

The pandemic has proven that delivery services are both here to stay and are very recession proof. This is a mostly new development and was mostly powered by online businesses and new food delivery services.

4 – Accountants

People always need them, and people are always looking for a good one. Even during a recession, people are looking for accountants. Professional accountants have to turn away clients all the time, even during recessions, because there is only so much work one team can do.

5 – Utility Workers

They are government jobs in many ways, but they didn’t use to be recession proof. Back in the old days, during times when money was tight, the road builders, prison guards and sewage workers were the first to go. These days, they are tied into contracts, unions and pension plans that make these workers difficult to fire.

6 – Proof readers and Editors

Just like accountants, proof readers and editors are always in demand. These services are not scalable, which means there is always a demand for proof readers and editors because there are only so many hours in a day that

these people can work. They have a finite number of working hours, and so are also forced to turn away clients during busy periods. The sad part is that when companies are choosing headhunters, they often hope the company can snag a few proof readers, and the sad fact is there are not enough of them to go around.

7 – Teachers and University Professors

Most teaching jobs are government-funded, and University exists in its own non-competitive environment. A teen who runs an amazing car repainting service cannot get a loan for £3000 to repair a work station, but the government will happily give that person £60K to learn the history of TV in University.

8 – Law

There are always people in trouble, which is why a job in the law industry is recession-proof. There is no evidence that recessions and people being broke causes more crime, so there isn’t a higher demand for employees in the law industry during a recession. Still, people in the law industry are not laid off during a recession because they are still in high demand.

9 – Stocks and Shares

Spot buy when the markets are going up, and short sell when they are going down. People in the stocks and shares industry have nothing to fear from a recession if they have a long-term trading plan. Plus, don’t forget that there are recession proof stocks, so investors can happily keep trading during troubling times.

10 – Almost All Government Jobs

Even the government jobs that seem useless, like the tracking of gender ideals in mute persons, will still have a job during a recession because there is no profit motive. It is easier to fix a budget by squeezing pension plans than by shedding government employees.