6 Recession Proof Industry Jobs
Posted in Business News on Oct 8, 2008
Not bad to have an insight of what job sectors are still strong and hiring while US starts to go into recession. Are you working in any of them?
1. Health care
2. Government
3. Education
4. Mining/oil and gas extraction
5. Professional and business services (particularly in engineering, computer systems and consulting)
6. Leisure and hospitality
I’m in number 5 servicing mining companies, operators, contractors which is basically the EPC industry.
via cnn
Hi,
The recent melt down of global markets will result in lot of retrenchments.
I agree and would like to add on
1. Weight loss (Part of Health)
2. Any thing related to Religion – may be you can become a “Swami” or “Guru”
3. Ladies fashion industry and
4. High end product market
On-line income can also be made recession proof by right kind of mix of multiple income streams.
Totally agree on #1-5, but disagree on Leisure and Hospitality. Online travel websites, like Expedia, Travelocity, etc, are taking a beating right now. People only have so many controllable expenses, and travel is one of them. Additionally, they are getting a double-whammy of sorts because businesses are also cutting back travel.
Have a look at Expedia’s stock