7 Recession-proof Careers

 

Whether you think the glass is half-full or half-empty regarding this economy, the fact of the matter is the economy will recover some day.

 

As it recovers, analysts agree there will be some shift in the structure of the economy. Some careers may disappear, while new ones will emerge.

You obviously want to follow in the right direction to be able to build a sustainable future for yourself and your family.

Based on numerous data, here are some of the projected growth areas where the jobs of the future are being created. Most people currently in these careers seem to be relatively insulated from the ravages of this recession.

1. Nursing and Allied Health

Nurse

Nurse

With over 2.6 million jobs, Registered Nursing (RN) is the largest healthcare occupation in the United States, according to the US Bureau of Labor Statistics. RN also represents the largest overall occupational growth projection in the US economy, with millions of jobs projected to be created in the foreseeable future.

The demand for nurses is so high that even the importation of nurses from overseas countries does not satisfy the need.

Nursing programs have proliferated in colleges and universities, many of them online programs.

Nurses are also paid very well. Median annual wages of registered nurses were $62,450 in May 2008. The middle 50 percent earned between $51,640 and $76,570. The lowest 10 percent earned less than $43,410, and the highest 10 percent earned more than $92,240.

 

2. Network Systems and Data Communications Analysts

As our very existence has become increasingly tied to computer and information technology, so has the growth in demand for experts that work and maintain computer network systems and data communications.

Job opportunities for workers in this industry are projected to be excellent – indeed, expected to grow by 45% in 2018.

Because employers’ needs vary, a two-year associate degree or a certification may be enough for some positions in network and data communication analysts, provided you possess the right technical skills.

 

3. Biomedical Engineering

The Bureau of Labor Statistics projects that the biomedical engineering field will see a massive 72% growth rate by 2018. Well, that makes it the place to go for job security.

Think of it this way: technology plus healthcare, equals the future of the US economy!

Demand for new and better treatments of diseases, development of new pharmaceutical and medical devices for saving lives and managing ill-health will continue to drive up demand for bio-engineers.

 

4. Accountants, Auditors and Financial Examiners

The economy may be shifting, but the demand for good ole’ number crunchers and bean counters will continue to go up; especially with this new massive financial reform bill recently passed by the United States Congress – the biggest financial overhaul since the Great Depression of the 1930s.

Companies and businesses will need even more accountants and auditors to keep their books in other following the new regulations.

The accounting profession is projected to grow between 22% and 41% by 2018.

 

5. Veterinarians

Vet and Dog

Vet and Dog

Check out these statistics:

62% of American households have at least one pet … that’s over 71 million    households.

Americans spend about $48 billion a year on their pets – about half of that on medicine and veterinary care.

Do the above figures tell you something? Yes, veterinarians are one of the fastest growing professions in the United States; expected to grow by 36% by 2018.

 

6. Social and Human Service Assistants

As the elderly population grows, employers are increasingly relying on social and human service assistants.

These assistants also work with those who are pregnant, homeless and disabled.

And as the economy deteriorates, more and more social workers are needed to deal with increasing crises in the family under stress.

 

7. Dental Hygienists

Dental Hygienist ranks among the fastest growing occupations, with expected growth of 36% through 2018.

The demand for dental services will grow because of population growth, older people increasingly retaining more teeth, and a growing emphasis on preventive dental care.

About 51% of all dental hygienists work part-time, making flexible scheduling a distinctive feature of this job.

And the pay is good. Median annual wages was $66,500 in 2008. Middle 50% earned $55,200 – $79,000. The lowest 10% earned about $44,000, while the highest 10% earned over $91,000.

As you can see, there are a number of recession-proof career options out there. If you need to re-tool along any of these lines, get a degree, associate degree of certification, you can start with an online program. Online programs are flexible, affordable, and most-importantly, allow you to keep your present job while going to school to obtain the new degree or diploma that you need in your new career.

 


 

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Related posts:

Jobless Graduates? … SBI Can Help

Registered Nurses

Computer and Information Technology

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