Can You Get A Job During A Recession?
Can You Get A Job During A Recession?
One of the major concerns that most people have in any economic downturn is whether they can continue to work, get a job if laid off, sustain themselves financially and be able to afford their basic needs and necessities like food and shelter. So, can you get a job during a recession?
Yes, it is possible to get a job during a recession, especially in certain sectors and industries that always tend to do well in any economic conditions and are recession-proof.
Next, let’s discuss whether you can start a business during a recession.
Can You Start A Business During A Recession?
Yes, you most definitely can start a business during a recession and thrive as long as you choose to solve the right urgent problems using a creative innovative model for your customers which is possible in recession-proof sectors and industries.
You may be wondering which sectors and industries tend to be recession-proof and could possibly do well during a recession. Let’s find out the answer to this question.
15 Recession-proof Industries And Sectors
We are currently experiencing a recession and as mentioned above some industries and sectors tend to be not or least affected by the recession. Let’s discuss below 15 such recession-proof areas where you can choose to work or start a business.
Healthcare
Healthcare is one of those sectors where there will always be work available. There may be an increased need for people to work in this area during an economic downturn due to stress and its direct impact on our physical and mental health.
We will always need more doctors, nurses, physiotherapists, chiropractors, massage therapists, psychiatrists, psychologists, social workers, and other health practitioners.
Pet Health
We love, and care about our pets, and treat them like our family members therefore pet health services will always be an area where there will always be work available.
Veterinarians and all other pet health service businesses will always be in demand because pet owners will not stop spending money for their pet’s health and therefore this sector will not be affected by a recession or an economic downturn.
Haircutting And Styling
The beauty industry fetches billions of dollars every year and it will continue to thrive during a recession. We love to look and feel good by getting our hair cut and styled. It has a direct impact on our mental health, confidence, self-esteem, and image.
People need to be able to get their hair cut or styled so they can look and feel good especially when they are going through other stressors in life like a recession.
Accounting
We will always need accountants to help us with filing our taxes and bookkeeping. Accountants will always be easily employed and in demand and therefore accounting is a recession-proof sector.
Information Technology Services
There will always be a demand for people with careers in Informational technology and digital services even during a recession. The recent pandemic accelerated people getting comfortable going online more when working, shopping, and for obtaining an education.
We will always need IT services if we are going to be on our computers more often. This industry is in recession proof and it will be expanding and need more labor in the future as more people and countries will have the capability to go online.
Funeral Services
All of us will die one day as we are only here on this earth temporarily. Your family will need to find a funeral home and services to help with your burial and that is why this industry will always have work available despite whatever the economical conditions are or during a recession.
Educators
There will always be work available for all educators during a recession. A lot more people decide and pursue further education during a recession.
Teachers, professors, and leaders of mosques and churches whom I also consider to be educators will always be able to find work. More people turn to religion and spirituality when they’re going through a recession, depression, anxiety, and stress.
Law Enforcement
People working in law enforcement will always be required to keep order, and peace and even in case of a recession and economic downturn. The police, lawyers, and court services will continue to be hired and will not be affected by the recession at all.
There may be more demand to hire people in this industry as some people are more likely to try to break the rules as they experience desperation and dire conditions due to economic down turn or a recession.
Public Safety
The recession will not make public safety obsolete and therefore people working in this industry like firefighters and emergency responders will always have a job. A recession will not have any impact on this sector.
Courier Services And Delivery
Careers in Courier Services and delivery will always be in demand. We have seen a resurgence due to the recent pandemic as more and more people have turned to online shopping and having their products delivered to their door.
I see a greater demand for people in this industry as we get more used to online shopping and delivery.
Groceries
We all need to eat and since we are not growing our food the grocery industry will continue to exist and it is very much recession-proof. It will continue to be easy to find work or start a business in this sector in the future.
Real Estate
The real estate industry is cyclical however it has survived many recessions and economic downturns and it will continue to do so.
Work will always be available as we continue to require the help of the professionals in this industry to transact on our personal and investment properties.
Finance
We will continue to require bankers and other workers like investment bankers, insurance advisers, and other related professionals to assist us with our money management, investment, and protection, especially during a recession.
Utilities
There will always be a lot of jobs available at utility companies as we all continue to consume and require their services like cell phones, internet, cable, gas, and electricity. Utility companies are recession-proof as our need to consume their services does not decrease in a recession.
Automotive Technician
Cars are necessary depending on the part of the world you live in and therefore we all need automotive technicians to help us fix our cars despite a recession.
In conclusion, you now know that it is possible to get a job during a recession, especially in certain sectors and industries that always tend to do well in any economic conditions and are recession-proof.
You also know that you can start a business during a recession and thrive as long as you choose to solve the right urgent problems, using a creative innovative model for your customers which is possible in recession-proof sectors and industries.
The 15 recession-proof industries and sectors are healthcare, pet health, hair cutting and styling, accounting, information technology services, funeral services, educators, law enforcement, public safety, courier services, groceries, real estate, finance, utilities, and automotive technician.
Next, read Is starting a small business worth it? for further insights and tips.