The word “recession” can strike fear into the heart of even the most qualified and well established professional.
It means fewer jobs, budget cuts, mass layoffs, and intense competition when applying for a position are inevitable but more so during a recession.
With the economic crisis resulting from the lockdown, entire industries have been brought to its knees. Having said that, some professionals are fortunate in that they can enjoy a little more security during this time. In fact, for some of these professionals, a recession is an opportunity to advance their careers
Some jobs are essential to ensure the normal functioning of society. So, no matter what happens, there will always be a need for someone to do them.
While it's a stretch to call them “100% recession-proof,” the following jobs are as close as it gets to guaranteed job security in tough times such as the current crisis we are facing.
Here’s a list of the 7 best recession-proof jobs for a variety of education and skill levels:
1. Healthcare workers
This is at the top of the list because, if any industry can be said to be recession-proof, it's the healthcare sector. The reality is that people get sick whether Gross Domestic Product (GDP) grows or shrinks. Stress factors increase during a recession which means that public health tends to suffer more.
Healthcare professionals are unlikely to experience the same level of cutbacks or job losses.
This is especially true during the Covid-19 outbreak as doctors and nurses help to treat patients in hospital settings. Moreover, mental health professionals assist individuals to cope with the stress of isolation or the grief of losing a loved one to the disease.
“Healthcare” is quite a broad industry though, so it's worth mentioning that elective surgeries, non-essential medical, surgical and dental procedures were delayed during this time which resulted in these sections "shutting down" during this time.
Even before the Covid-19 pandemic, South Africa was experiencing skills shortages in nearly all its sectors which emphasises the need for service providers that offer more effective, affordable and accessible adult education.
Jobs in primary education, secondary education, higher education, special education, and adult education remain highly relevant regardless of the economic climate.
Teaching assistants also fall under the umbrella of education and teaching meaning their jobs remain relatively safe during a recession.
3. Public utility services
Electric, water, sewage, waste, trash, and recycling services all survive economic downturns. After all, they play critical roles in maintaining order in society and contribute to public health by ensuring a clean and hygienic living environment.
Think about what life would be like if no one collected our trash each week or managed our sewage systems? If you’re like us, you probably don’t even want to imagine it.
4. Public safety workers
This includes security guards, ambulance drivers, firefighters, and law enforcement officers. The need for trained professionals in this industry remains high during economic downturns.
Working in the public safety sector tends to be a safe bet in a recession because communities value the physical safety of its local businesses and residents, which means that professionals in this line of work remain in demand during an economic recession.
5. Courier Services
You may be wondering why courier services would survive a recession and we're about to tell you.
With many brick and mortar stores permanently closing their doors, the interest in online shopping has greatly increased over the years.
We are fortunate that we live in a digital era where, with a capable digital device and a steady internet connection, we can have almost anything delivered to our door.
Other businesses who have moved to the “work from home” models frequently use courier services to transport physical documents and products to each other or clients.
6. Grocery store employees
The habit of pointless spending should be the first thing you stop if you lose your job and sadly, this includes dining out.
Regardless of how tight your budget already is, a trip to the grocery store is inevitable; this is what keeps economy grocers in business.
Tip: When applying for a position at a grocery store, avoid speciality or high-end stores as they may not be as recession-proof as the lower-end stores.
7. Funeral homes
Last but not least, while there is no demand for certain businesses to keep operating during economic hardship, people still die during a recession and the need to bury a loved one is still exists.
While it is by no means an easy career, funeral home employees help families through the transition of giving their loved ones the send-offs they deserve, making it an important recession-proof job.
The bottom line
Of course, it goes without saying that no job is entirely safe during economic hardship – external factors could jeopardise jobs across industries. Having said that though, some jobs have more job security compared to others.
One of the best things you can do is to be prepared and stay vigilant.
Are you unemployed or just looking for your dream job? Browse through the Careers Portal website to start your career with one of these work opportunities https://www.careersportal.co.za/work-opportunities