Career Changes In A Recession
One of the methods to deal with with a slump is thinking about a job change. Not too many people like the idea of swapping careers during a recession. However, if you have already felt the effect of the depression – say you’ve been laid off already, why not give a different job path a go, right? It may not have crossed your mind to prioritize career safety when choosing a career. However, whether you are picking your first job or making a switch, it can be helpful to do so now, especially during our present economic predicament. However, no job is 100% protected, although there are some industries that have workers feeling so secure that even if they get fired, the need for such an employee is so great that finding another job would be very simple.
So how do you select a job that’s right for you during a depression? Here are some depression-proof careers that are worthy of your deliberation:
There is a great shortage of educationalists. No matter how low the economy is, educationalists will always be in-need. Children will continue going to school. Also, plenty of unemployed adults may decide to further their education. Although teaching is not one of the highest-paid jobs there is, making only about $ 40,000 to $ 50,000 a year, people will still settle for a career that does not earn more because they are tired of being unemployed for a long time. This is particularly true for those who might desire to try something new anyway or those who hate the roller-coaster ride that a commercial life offers.
Career seekers with an Information Technology background are said to be a good match for the healthcare industry – particularly nursing. This is because nursing is an information-driven job. It is also a practical job during a slump because healthcare is an industry that does not often become affected during these times.
Auditors are also usually untouched by slumps. In a depression, individuals and firms are more likely doing their utmost to get more reductions. More people are monitoring their books, so the need for auditors or accountants is much larger.
Energy and Utilities
Energy consumers may cut back, but their consumption will not end. The same with utilities, people will still light their homes. So, jobs like maintenance and utility administration prove to be more steady than others during a depression.
As long as doctors prescribe drugs, people are going to take them. This means that if you are working as a pharmacist or as a quality assurance analyst in a pharmaceutical laboratory, you are in good hands.
Since the military is always hiring, especially during times of war, during a slump soldiers will not be that affected. Serving in the armed forces also means that most of your living expenses will be paid.
A slump does not stop crime. With the increase in sackings, more people are considering robbing banks and committing other crimes. So, the need for security workers becomes greater.
The convenient truth is that the eco-friendly movement is not going anywhere. This means that selecting a job in environment-care-related industries can be a great job alternative.
Working for the government can be one of your best choices during this downturn. This is because many stable jobs can be found in the federal government. The administration will not cease to function even during a crisis.
With that diversity of job options, it might not be that difficult to find one that will save you from this economic situation.