Tony's Tips - “Hot” Recession-Proof Careers

Despite what you hear in the media, companies are hiring, entrepreneurs are starting new businesses and there will always be recession-proof careers.

We at Tony’s Body Shop are committed to bring you information that will make you and your families’ lives better, safer and more prosperous. In this issue of Tony’s Tips, you will learn:

  1. Which industries are hiring
  2. Which careers are recession-proof
  3. What you can do while looking for a new job

While job security may be a thing of the past, new jobs and business opportunities are the way of the future. The key is to know yourself and which skills, experience and interests you can offer in this changing economy. Flexibility, information, and a positive outlook are what count!

If you are one of many who spend hours on the Internet searching for a job only to cry out “There aren’t any jobs out there!” you are wrong. You simply aren’t looking in the right places, job boards aren’t the answer.

If you need more training for any of the opportunities below, don’t forget to approach the Department of Unemployment in your state to see what they can offer you free. Check out local colleges for scholarships as well; and, if you are over 55 you may be eligible for very reduced tuition.

If you are laid off, take advantage of Unemployment Insurance. There is no embarrassment. Over 2.5 million people were laid off in 2008 alone. Please note: You will have more than one job in your lifetime. In 1997, graduates could expect 7 to 10 jobs before the end of their career. Today, someone graduating from college can expect that many or more before he/she is 31.

Here is a list of “hot” recession-proof careers that will give you ideas for jobs you might look at or businesses you might create.

Skilled Services:

The most recession-proof careers will always be in the trades and personal services. These include auto mechanics, electricians, plumbing, HVAC, utilities, nursing, hairdressing, and more. The closest thing to a guarantee in any field may be a job of ‘personal and home care aide’. The Bureau of Labor Statistics project 773,000 to be added by 2016, more than any other profession. Read on.

Health Care:

Due to an increasingly aging population, as well as the Obama administration’s commitment to healthcare, many of the nation's fastest-growing careers are in this industry. Specific jobs and salary levels with stable prospects include doctors (median salary $156,010 and up), registered nurses ($57,280), pharmacists ($94,520), physical therapists ($66,200), occupational therapists ($60,470), physician assistants ($74,980), Dental assistants ($31,580), Medical records and health information technicians ($29,290)

There are also support and operational jobs in this field, from health-care administrators ($73,340), who handle the business side of delivering care, to medical scientists ($61,680), who conduct research and develop new treatments and drugs, to Information Technology, Human Resources, Administration, Finance, and Facilities (from hospital porters to cleaning staff, catering staff, right through all the careers which are allied to medicine, such as physical therapy and radiology.) Don’t forget the companies that manufacture health care and ambulatory equipment too.

Pharmaceuticals:

From pharmacies and drug research, to biotech, high growth in these areas is continuing for scientific, research, technical, operational, and administrative support across all organizations.

Energy and Environmental Sciences:

There is a heightened push for “green” alternative energy sources for more energy efficient homes, cars, office businesses, (e.g., solar, wind, nuclear, fuel-cell). Over the next 10 years the Obama administration plans to pump $150 billion into fields relating to green energy and the fight against global warming. This is predicted to create 5 million new jobs. These careers are expected to grow by 22% to 25% over the next decade-a much higher growth rate than for other occupations. Specifically, think battery technicians, wind, solar, CO2 emissions technology, nanotechnology, materials sciences, natural gas exploration and infrastructure, and nuclear.

Among the 20 most recession-proof jobs are mechanical engineering and electrical engineers, ecologists ($76,511), geoscientists ($72,660), hydrologists ($68,140), environmental chemists ($56,100), engineers ($72,350), scientists ($58,380) etc.

We will also need planners, developers and scientists who can advise on how to use land efficiently and how to make sure that water resources are protected. There will be growing need for power plant operators ($56,640), Insulation workers ($31,280), Electrical power-line installers and repairers ($52,570) among others.

Utilities:

Homes and businesses will always need people to ensure that electricity; heat and air conditioning run properly. Utility administration, maintenance, HVAC Engineers, and other related jobs are good choices as well.

Education:

There is great need for teachers for any grade level who specialize in high-demand fields such as math, science or bilingual education.
Fast-growing states in the South and West, such as Nevada, Arizona, Texas and Georgia, will have more opportunity than in slower-growth areas in the Midwest and Northeast. Inner cities tend to have more long-term demand than rural or suburban areas.
As colleges and universities compete for students, the need for instructors seems stable, while permanent positions always remain limited.

Please note: Education does not need to be academic. There is a need for continuing education and skills training in any career.

Security & Law Enforcement:

Regardless of the economy, there will always be need for jobs to ensure our safety and protection: police officers ($47,460), detectives ($69,310), private investigators ($33,750) and private security guards ($21,530), probation officers ($44,510), court reporters ($45,330), paralegals ($44,990). Plus, in today's increasingly global environment, any position related to international security is a good bet, e.g., airlines security agents, etc.

International Business– at home and abroad:

As US firms expand overseas, businesses and production are globally increasing. The demand for international management analysts ($68,050), market research analysts ($60,300), attorneys, human resource specialists, etc. will increase to deal with business, legal, personnel and cultural matters specific to each country in which they have a presence.
As the population of non-English speakers in the U.S. grows, specialists in foreign languages and cultures will be in demand to work in government and the private sector. Jobs for translators and interpreters ($37,490), for example, are expected to grow by 24% over the next decade. The median hourly wage is $17.10, although pay varies widely depending on the language, subject matter and employer. Language specialists with the federal government earn an average of $76,287 per year. Most in demand are those who are fluent in Middle Eastern and North African languages, along with Chinese, Japanese, Korean, Spanish and American Sign Language.

Federal Government:

More than half a million federal employees will retire by 2016, leaving open positions at agencies from the CIA to AmeriCorps to NASA, homeland security, and government inspectors. Examples are government property inspectors ($48,400), immigration and customs inspectors ($59,930), and urban and regional planners ($57,970).

Financial Services:

Regardless of the current economic environment, financial analysts, advisors, planners and accountants will always be needed, especially as the market turns around and corporate America's wretched excesses mean more government regulation. Workers who are retiring will need advice on how to make their money last. As we get to the middle of the recession, there will be a wave of mergers, acquisitions and demand for accountants and auditors ($57, 060) CPA’s, and lawyers, as well as Debt Management, Bankruptcy Law, and Debt Collection

Computer Technology:

New uses of technology in services and products such as electronic health records; the Internet for publishing, music and film, etc. mean that this sector will continue to be strong. The demand will be high over the next ten years with the emergence of freeware dotcoms and competition among the software giants. Computer systems analysts ($73,090), Network systems and data communications analysts ($64,600); Computer, ATM, and office machine repairers ($37,100); computer support specialists ($45,300); graphic designers ($45,340); call center support; etc.

Customer Service:

Some research lists sales representatives and account/customer support as the top 2 most recession-proof professions because growth demands people that can get results and keep clients/customers happy.

Ultra-luxury Items:

If you're in a business that caters to the ultra-rich, you can expect to be safe, as this type of consumer is likely to have measures in place to weather the recession.

2nd Job / Supplemental Careers:

Many people are looking at other revenue streams besides a regular job during a recession. These may involve online income, freelancing, personal services, investing, etc. Who knows, these part-time business might become so successful that they may become full-time!

No college degree?

Look for jobs that cannot be outsourced overseas. Hospitality, retail and food are stable industries for workers without a four-year degree. Food service managers saw mean annual earnings of $48,660. Health care is also a good field, particularly such jobs as home health aid and medical or dental assistant. Electrician and auto mechanic are also durable choices.


For more information:

Things to Think About:

“A man can succeed at almost anything for which he has unlimited enthusiasm.”
Charles M. Schwab

“He who does not get fun or enjoyment out of each day needs to reorganize his life.”
George Matthew Adams

“What is now proved was once only imagined.”
William Blake


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