During a recession, the right job is like a bulletproof vest worn during a shoot-out. It won’t guarantee you’ll survive, but it boosts the chance you won’t be taken out.
While there’s no such thing as a recession-proof job, some finance and accounting positions are less likely to be cut during corporate downsizings. Likewise, some sectors of the overall market thrive during downturns. If you can find one of those “safe” positions in a growing sector, you’ll have two hedges against the risk of a future layoff.
Three areas of the economy continue to do well despite the economic challenges facing the country: healthcare, education and government. Within those industries, a smart job seeker should also carefully check a potential employer’s fiscal fitness. As companies struggle in a challenging marketplace, even a relatively safe position can disappear if the company you work for isn’t stable enough to withstand the economic winds.
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