Print | Close X

9 Recession-Proof Careers

Despite the economic downturn, these careers are still growing.

Also in this article:These industries project promise—and jobs—for the future, according to the Bureau of Labor Statistics and the Occupational Information Network database.

1. Education
Math and science teachers will be in demand as the U.S. struggles to compete with other countries in engineering, technology, and medicine. A growing immigrant population means more English-as-a-second-language classes will be needed.
2. Energy
Some of the jobs in this field are the result of projects started a year or more ago. But the real boost will come from the new administration's commitment to a more efficient national energy system. "Growth of energy consumption around the world will keep this sector strong," says Laurence Shatkin, coauthor of 150 Best Recession-Proof Jobs.

3. Environment
Green is getting the green light in a nationwide push to make homes and office buildings more energy-efficient and to develop alternative energy sources (solar, wind, nuclear) as well as fuel cell technology. "Anything involved with wind power, either the design or related products, will be big," says Laurence Stybel.

4. Financial Services
Rising from the ashes of a very bad year, financial services have a bright future. Corporate America's wretched excesses mean more government regulation. Workers who are retiring will need advice on how to make their money last. Small businesses may outsource accounting services. As we get to the middle of the recession, there will be a wave of mergers and acquisitions, Stybel predicts. "People with experience in managing the process-corporate attorneys, investment bankers, and accountants-will be in demand."

5. Government
More than half a million federal employees will retire by 2016, leaving open positions at agencies from the CIA to AmeriCorps to NASA. There will also be opportunities at the state and local levels. "In addition to police work and homeland security, government inspects and regulates many industries," says Shatkin. "Workers can sometimes capitalize on their experience in an industry by moving into a regulatory job."

6. Health Care
Health care pops up at the top of just about every list of hot careers. All of us are getting older and living longer, sometimes with chronic health conditions. What's more, health insurance practices may undergo a radical revision during the Obama administration, which has announced plans to address three central issues: coverage, cost, and quality of care. "Health care is a growing industry," says Bettina Seidman, "and not just for health care professionals. There will also be jobs for secretaries, accountants, and administrators."

7. International Business
Corporations, consulting firms, nonprofits, and even governments are going after global markets. People with international expertise, foreign-language skills, or a willingness to move abroad will be in demand. "The global economy is only going to grow," says John Challenger. "U.S. involvement will expand, short and long term."

8. Law Enforcment
International terrorism makes daily headlines, and fear of financial insecurity is matched only by concern for our physical safety. "Crime doesn't go down in a recession," says Shatkin. "It may even increase."

9. Technology
New uses of technology in services and products like electronic health records mean that this sector will continue to be strong. "We have just begun to use the Internet as an entertainment medium in publishing, music, and film," says Peter Weddle.

And We'll Always Be Looking For...
"Think of basic human needs, the things we can't do without," says Shatkin. They provide what he calls "little islands" of employment in this economy. For example, he says, we will always need sewage and water treatment. Challenger says the food industry is a core area: "People have to eat, and the global population is increasing."

In a down economy, people don't buy new cars—they repair their old ones. People turn to their clergy for comfort. Funeral directors will always have jobs. And since pets are very much a part of the family, veterinarians and veterinary technicians will continue to be in demand.


Comments :
By useinfowisely, 02/09/2009, 8:30 PM EST

FYI - insourcing is companies bringing jobs back to America.. as well as Foreign companies bringing jobs to america. Cost became very expensive, inflation and raised wages bringing Service related jobs back to US. MFG will have some time to go Suggest to all - read the stimulus package to gain insight as to what Jobs Will be created Note that boomers have anticipated Not retiring due to living expense. Gen Y also outnumbers boomers tremendously and fills the anticipated gap.

By useinfowisely, 02/09/2009, 8:22 PM EST

Very disappointed with the Research and knowledge base of this article - at best maybe 2 of "experts" would even be considered experts in the Employment industry. For reliable information regarding the Economy, visit Epi.org. This information was Not accurate. Baby boomers are not retiring by droves. (aarp research) RE best jobs- look at the stimulus package, much will be infrastructure, service, and construction. Outsourcing is now outdated, insourcing is in. China/India fatigue

By ibodner, 02/09/2009, 3:19 PM EST

This is so obvious it is sad! So many of us work for industries that are completely useless to survival! Small business owners need to be reminded that these times are going to be tough but when they are over they will be Over. Ilya Bodner Small Business Owner Initial Underwriting Group

Print | Close X