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25 recession-proof jobs for anyone worried about the next economic downturn
25 recession-proof jobs for anyone worried about the next economic downturn
Allana AkhtarSep 24, 2019, 20:14 IST
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Though recessions tend to bring job loss, not all employees are at risk.
ZipRecruiter labor economist Julia Pollak analyzed the jobs expected to see growth during the next economic downturn.
Healthcare professionals - like nurses, physical therapists, and personal care aides - all saw job increases during the Great Recession and the 2001 Recession.
About 2.6 million US workers lost their jobs during the Great Recession of 2008, according to the US Labor Department. A recession is when there is a significant decline in economic activity - measured in GDP, spending, and employment - that persists for more than a few months.
But not all employees are at risk.
Julia Pollak, a labor economist for ZipRecruiter, analyzed the jobs she predicts will increase during the next economic recession. Many jobs in healthcare will likely increase due to the aging population and wealthier populations that care about well being.
"When people look at jobs, the two things that they care about most are pay and location," Pollack told Business Insider. "But I would say that they should really add a third, especially as the objective economic recession risk models all seemed to start ticking upwards."
"That means, especially for recent high school graduates or recent college graduates, perhaps recession-proofness should be front and center as they make a career choice," she added.
Here are 25 jobs that ZipRecruiter predicts will grow during a next potential economic recession: