What are the Best Recession Proof Jobs for 2023?

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After barely exiting the COVID-19 pandemic, the economy is now headed into a recession with major companies already starting to lay off workers. What are some good jobs to jump to for safety now and in your future career?

What makes a career recession-proof?

The Bureau of Labor Statistics defines a recession as “a significant decline in economic activity spread across the economy over a period of months or even quarters.” A recession typically lasts anywhere from six months to three years. During a recession, unemployment rates rise, businesses close down, and consumer spending drops off.

When a recession hits, some jobs are hit harder than others. For example, retail stores and restaurants see their sales drop by up to 50 percent during a recession. However, jobs that don’t rely as much on consumer spending or that are tied to essential services may escape untouched.

The key is to either find work in an industry that usually escapes recessions or to have skills that can transfer to another industry if yours declines.

Here are some of the top recession-proof careers.

Health Care Professionals

Healthcare professionals are generally considered recession-proof. They’re needed no matter what happens in the economy. And while you might lose some work during recessions because people may delay elective procedures, it’s very unlikely that you would lose your job altogether.

Physical and Occupational Therapists

Physical therapists (PTs) help people recover from injuries and illnesses caused by accidents, disease, surgery, or aging. PTs diagnose problems, prescribe treatments, teach patients how to perform exercises, and evaluate the treatment progress. They treat conditions such as arthritis, broken bones, burns, strokes, and spinal cord injuries. PTs use exercise equipment like treadmills, weight machines, and balance balls to improve strength and mobility. They also provide occupational therapy (OT), which helps people develop the skills needed to live independently. OTs assess clients’ abilities and needs and design activities to promote independence.

Occupational therapists (OTs) assist people with disabilities to function in daily life. They help clients learn ways to do everyday tasks without assistance, including dressing, bathing, eating, grooming, housekeeping, shopping, cooking, and managing money. OTs also help children with developmental delays learn to walk, talk, feed themselves, and play with others.

Mental Health Professionals

During recessions, people seek out help for mental health and substance abuse problems more often than before. This is because many people feel like they are unable to cope with the stressors of everyday life. They might turn to alcohol or drugs to make it through the day.

If you work in one of these fields, you know how important it is to keep up with current trends. You must be able to recognize what is happening in the world around you and adapt accordingly.

Hospice Workers

Hospice care provides comfort to patients who are near death. Hospice workers take care of patients at home, helping them manage pain and other symptoms. They also provide emotional support to families. Many hospice workers start out working in nursing homes or hospitals but eventually move into private practice.

Social Workers

Social workers help people overcome obstacles in life. They help families deal with financial issues, unemployment, divorce, illness, homelessness, and other challenges. Social workers also help individuals deal with personal crises, such as depression, anxiety, addiction, and domestic violence.

The social work profession is a broad one that includes many different types of professionals who provide services to clients. The following are some of the most common roles for social workers:

Child welfare worker

A child welfare worker helps children and their parents or guardians when they have been abused, neglected, or abandoned by another family member. Child welfare workers may be employed by government agencies, private organizations, or nonprofit groups.

Family counselor

Family counselors help families resolve conflicts and adjust to changes in their lives. They can advise on parenting techniques, marriage counseling, and other topics related to relationships.

School psychologist

School psychologists help students succeed academically and socially. They conduct psychological tests and evaluations to determine if students need special education services. School psychologists also counsel students about academic difficulties and behavioral problems.

Pharmacist

Pharmacists are important members of the healthcare team. They work closely with physicians, nurses, dietitians, social workers, psychologists, physical therapists, dentists, and other healthcare professionals to provide comprehensive patient care. In addition, pharmacists play a vital role in educating consumers about medications and helping people make safe decisions about their use.

Patients often rely on pharmacists to fill prescriptions, answer questions, and educate them about their medications. During times of emergency, pharmacists are invaluable resources because they know how to assess a person’s needs and treat them accordingly.

Financial services

The financial sector includes many different professions. Some are well-known like investment banking, insurance, and asset management. Others are less familiar such as credit rating agencies, mortgage brokers, and stockbrokers.

Depending on your exact field and industry, financial services may be one of the safest jobs during a recession as companies need to expertly manage their money. Other jobs, such as the mortgage industry, can be highly at-risk as parts of the economy slow down and there is less work that needs to be done.

Accountants and Auditors

There are many different types of accountants and auditors out there. Some specialize in taxes while others focus on accounting and bookkeeping. Many businesses use both types of professionals depending on how complex their financial situation is.

Some accountants and auditors work directly for companies, but others freelance. Freelancers may offer more flexibility than full-time employees since they don’t have to worry about benefits or working hours. However, freelancers working with smaller companies that will have more difficulty weathering a recession could have less stability.

Actuaries

Actuaries are trained professionals who use statistics and mathematical models to evaluate risks and make recommendations about how to reduce those risks. They often work with companies reviewing efficiency, and the best places where spend money without having too much impact on the bottom line. Actuaries are also used by governments to predict future events and plan for disasters.

Law enforcement officers

The crime rate tends to rise or fall together with the economy. When unemployment rates increase, so do violent crimes and theft crimes.

Even when local governments have to reduce their budgets, they’ll rarely lay off police officers. In addition, many police officers are protected by unions.

Public Utility Services

The term “public utility” refers to companies that provide essential goods and services to consumers. These include water, electricity, gas, telephone, and waste disposal.

A public utility job is usually considered a safe job because most people rely on them. However, some states regulate how much profit utilities can make. In that case, privately operated utilities may try to trim some of their staff or impose freezes on wages.

Firefighters

In the United States, fires occur every day, no matter what the economy is doing. In fact, according to the National Fire Protection Association, fires happen regardless of economic activity. They’re just more likely to happen during recessions.

The reason for this is simple: During recessions, people tend to spend less money on things like heating bills, insurance premiums, and home repairs. This leaves fewer dollars around to pay for those expenses. As a result, potential fire hazards may go unaddressed while people are spending more time at home putting more stress on their home systems.

Corrections Workers

Jail and prison jobs are almost always open because these jobs usually come with low pay and bad working conditions. However, the benefits package is often very strong with good health insurance and a retirement pension.

Jails and prisons are still needed during a recession. In fact, rising crime rates often mean that they may need additional staff.

Federal Employees

Federal employees have great job security, benefits, and perks. The government has all different types of jobs at all different levels.

The bad news is that these jobs can be very difficult to get. The good news is that once you’re, it’s almost impossible to lose your job except for serious misconduct. In the rare case of government layoffs, you usually have the right to be rehired first to your same job or a similar job.

Teachers

Public school teachers are largely immune from recessions. The number of school-aged kids simply doesn’t change during a recession.

Private school teachers, on the other hand, may be more at risk. When parents lose their jobs, they may be unable to keep their children enrolled. While private schools may not want to lay off their teachers, they may have no choice if a drop in students reduces their budget.

Divorce Attorneys and Support Staff

Divorce rates often rise during recessional periods as economic pressures can bring out other relationship issues. In addition to new divorce cases, divorce attorneys will often see related issues such as parents needing to modify child support orders due to changes in their incomes.

Because work at divorce law firms can stay strong during recessions, they’re a relatively safe place to work not just for attorneys but also for support staff.

Credit Counselors

Credit counseling agencies offer free or low-cost advice about how to handle financial problems. They can help consumers develop a plan to repay debts. They can negotiate lower interest rates and fees. Some credit counselors are paid by credit card issuers to provide debt management services. Others work independently and charge clients upfront.

Once people start losing their jobs and become unable to keep up with even their minimum monthly payments, credit counselors start to see an increase in business.

Librarians

Libraries are still relevant in today’s society, especially for those who cannot afford computers or an Internet connection. They are evolving into places where you go to learn new skills and borrow more than just books.

People may turn to libraries as a place to look for new work, to find cheap entertainment, or even to borrow things like tools that some libraries are now offering.

Auto Mechanics

Auto mechanics and body shops are always busy. There are many reasons why people bring their cars into auto repair shops. Some just want to make sure their vehicle is running properly. Others might be experiencing problems with their brakes, transmission, suspension, steering, etc. Still others might be having issues with their tires, exhaust system, cooling system, electrical components, etc.

While it’s true that people will often try to put off maintenance during a recession to save money, people will also avoid trying to buy new cars. That means that people who may have traded up may be forced to repair their cars. People may also buy a cheaper used car that needs work compared to buying a more expensive, newer model.

Public Transit Workers

Public transportation workers are often considered blue-collar jobs, but there are many types of jobs within this category, including bus drivers, mechanics, engineers, etc. These workers are essential to our economy and society and don’t stop when the economy stops.

In some cases, a drop in ridership may lead to a drop in service levels, but these are usually handled with hiring freezes rather than layoffs. If you’re a government employee, you may also have preference to move into a new position if your job is affected.

Delivery and Courier Services

Online shopping has made it easier to purchase items without having to go into a physical store. Online food delivery services like Postmates, UberEats, DoorDash, and others allow customers to place orders directly through their apps.

The COVID-19 pandemic was an unusual situation where many people who lost their jobs began ordering delivery to avoid getting sick. What was previously considered a luxury service may now be a cost-saver. People may order from cheaper stores than they would normally shop in, and the cost of deliveries can often be less than the cost of maintaining a car that you’d only need for shopping trips.

Insurance

There’s always a demand for insurance agents, even if the market isn’t very active. People tend to buy insurance policies when they need them, not when they want them.

Claims will also often go up during recessions as people are more likely to make small insurance claims that they otherwise may have paid from their savings.

Electricians

Electricians are needed for all sorts of electrical jobs. They install wiring, light fixtures, appliances, and even solar panels. Electricians can work in residential or commercial settings, but they usually specialize in one area.

Some types of electrical work, such as new construction and renovations, will drop during a recession. However, because a lot of electrical work involves safety issues or essential services, there will always be at least some work to go around.

Thanks for reading.

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