11 Interesting Job Positions That Are Considered “Recession-Proof”
It’s impossible to guarantee the safety of any job during a recession. Unfortunately, recessions are a common and sometimes unpredictable feature of all market economies. For people who need to work for a living, the only real way to guarantee job security is to constantly learn new and in-demand skills.
For sure, there are a few professions that are widely considered resistant to recessions. For various reasons, some job positions are sometimes sold by recruiters as “recession-proof.” This is only true up to a certain point, as epoch-defining developments like the unveiling of next-generation artificial intelligence (AI) technologies have demonstrated that no job is truly set in stone.
Regardless, there are certainly jobs that still offer unusually strong security in tough times. Indeed, there are even some job sectors that thrive consistently during downturns. When the economy takes a beating, these sectors will still need workers to do the job:
1) Healthcare
Struggling economies tend to create sicker people. As people work longer hours for less pay, healthcare outcomes inevitably worsen. While this is bad news for most people, it does provide opportunities for Filipino healthcare professionals. Even when global recessions endanger most jobs, healthcare businesses tend to thrive and create even more employment for both the health sector and adjacent sectors.
2) Mental Health
Widespread financial insecurity creates the perfect breeding ground for widespread mental distress. With wider Philippine society only now beginning to understand mental health, the job opportunities for counselors, therapists, and psychiatrists are only likely to increase regardless of outside economic conditions.
3) Public Safety
Positions for law enforcement officers and security guards tend to open up during economic downturns due to increases in general unrest. Likewise, positions for firefighters and emergency workers also increase due to a reluctance to maintain infrastructure. Openings for these jobs tend to be filled extremely quickly, however, so it helps to be proactive when it comes to these opportunities.
4) Cybersecurity
Global recessions tend to result in more online criminal activity. Naturally, businesses seeking to protect their digital assets are more likely to engage the services of cybersecurity experts during these times. It’s now a particularly good time to enter this industry, as the massive growth of generative AI has also increased the scale and frequency of cyberattacks on all organizations. IT work from home jobs that you’ll see available today may pertain to cybersecurity infrastructure and planning, which makes it a good prospect for IT professionals who want to specialize in this particular field.
5) Public Utilities
Utility workers will always be in demand, as everyone depends on water, power, and internet services. While not all jobs in this sector are necessarily safe during economic downturns, the ever-changing nature of these various industries also means new openings and opportunities are always on the horizon.
6) Food Production and Distribution
Regardless of economic conditions, people still need access to food, making jobs in these sectors relatively resistant to recessions. Though people might start preferring cheaper, calorie-dense foods over fresh veggies and gourmet meals, food supply chain workers can expect a fair amount of job security regardless of economic fluctuations.
7) Education
When families have limited resources, education tends to be one of the absolute last things they will cut back on. Consequently, teaching and school administration jobs are largely unaffected by economic recessions. Openings for teaching positions related to in-demand courses may also increase as more people attempt to secure their financial futures.
8) Beauty and Aesthetics
One may think that salons and beauty services would suffer when the economy does poorly. However, historical data reliably shows a so-called “lipstick effect,” in which discretionary spending for small indulgences increases during economic downturns. In other words, as the economy takes a turn down, the services of beauticians and other aesthetic professionals tend to become more in demand.
9) Funeral Industry
Jobs in the funeral industry are famously resistant to economic recessions. If anything, the demand for various funerary services may even increase slightly during economic downturns, especially ones related to health crises like that of the COVID-19 pandemic.
10) Finance
Not all finance jobs are safe during recessions, but bookkeepers, accountants, and auditors tend to do well as business organizations look for ways to conserve their capital. Current trends in automation, however, mean that it takes more than an accounting degree to thrive in a downturn. To be truly recession-proof, finance professionals need to become familiar with the latest AI-enhanced tools and keep up to date with a constantly shifting regulatory landscape.
11) Vocational and Technical
Skilled jobs that require years of apprenticeship or certification from a technical school aren’t always immune to economic downturns. However, a generations-long shortage of skilled labor, coupled with issues related to a need to maintain aging infrastructure, will keep many key vocational jobs in constant demand. Overall, plumbers, electricians, and other skilled workers will have a far easier time than most other people during an extended economic crisis.
If you’re interested in switching careers, these positions are likely to give you more security than many others in the job market. When combined with your existing skill sets, you might even find unusual niches that are even more resistant to economic turmoil. In any case, keep developing your skills, and better job security should soon follow.