Monday, November 2, 2009

Job Shifts During a Depression

By Owen Jones

One of the methods to cope with depression is thinking about a job change. Not too many people like the notion of changing careers during a slump. However, if you have already felt the result of recession - say you've been laid off already, why not give a different career path a go, right? It may not have crossed your mind to prioritize job security when selecting a job. However, whether you are selecting your first job or making a switch, it can be helpful to do so now, especially during our current economic predicament. However, no job is 100% safe, although there are some industries that have workers feeling so confident that even if they get fired, the need for such an employee is so high that finding another job would be very simple.

So how do you select a career that's right for you during a depression? Here are some recession-proof jobs that are worthy of your consideration:

Education

There is a large shortage of teachers. No matter how depressed the economy is, educationalists will always be in-need. Children will keep on going to school. Also, loads of unemployed adults may decide to broaden their education. Although teaching is not one of the highest-paid jobs there is, making only about $40,000 to $50,000 a year, individuals will still settle for a career that does not earn more because they are tired of being out of a job for a long time. This is especially true for those who might want to try something new anyway or those who hate the roller-coaster ride that a corporate life offers.

Healthcare

Career hunters with an Information Technology background are said to be a good fit for the healthcare industry - particularly nursing. This is because nursing is an information-driven job. It is also a useful career during a depression because healthcare is an industry that does not usually become affected during these times.

Auditing

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 slump.

Pharmaceuticals

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.

Military

Since the armed forces is always hiring, particularly during times of war, during a slump soldiers will not be that affected. Serving in the military also means that most of your living expenses will be paid.

Security

A slump does not end crime. With the increase in redundancies, more people are considering robbing banks and committing other crimes. So, the need for security workers becomes greater.

Environmental Sciences

The convenient truth is that the eco-friendly movement is not going anywhere. This means that choosing a career in environment-care-related industries can be a great job alternative.

The Government

Working for the government may be one of your best options during this downturn. This is because many stable jobs can be found in the federal government. The government will not cease to function even during a crisis.

With that diversity of job choices, it might not be that difficult to find one that will save you from this economic predicament.

About the Author:

0 comments: