Top 5 Recession Resistant Jobs
With the staggering loss of around 35 million jobs of Americans in 2020 due to the pandemic, the unemployment rate has risen to 14.7% last April and now it has gone down to 11.1%. according to the US Bureau of Labor Statistics.
The fact is, during these times only a few sectors remained intact. And though the effect of recession can look different from each other, let’s be honest about it that it has an impact on everyone particularly this time around where all around the world has been hit by the pandemic.
Here are the top 5 Recession Resistant Jobs:
1. Healthcare Provider
Whether you are a nurse, a doctor, or a healthcare assistant, job in the medical field is usually recession-proof and especially during these times where all around the world are in need of healthcare workers. Great
A job in a hospital or clinic is a choice if you are looking for a recession-resistant job.
2. Federal Government Employees
Federal jobs are one of the most stable jobs you can have. Whether civilian or military jobs, these jobs are less affected by a recession.
3. Senior care providers
There is always a demand for in-home care aides and assisted living facilities. As the population gets older, there is always a demand for jobs for senior care providers.
4. Funeral Workers
As Benjamin Franklin said, “In this world, nothing can be said to be certain except death and taxes.”, and since people die whether the economy grows or plummets, they still need urns and caskets, wakes and funerals.
5. Utility Workers
These workers are in maintaining the public utilities and keeping them in good condition. Utility workers such in trash service, electricity, etc, will always be needed, even if the economy isn't flourishing.
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