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Top 5 Recession-Proof Industries

Hamsa Ramesha | NursingLink


2. Federal Government

The government always needs help, and that doesn’t change in a down economy. A job with the federal government is seen as a reliable paycheck, no matter what state the nation as a whole may be in. In fact, many leave these jobs only for retirement. Government jobs are rarely cut back, and this is especially true in a recession where expanding these positions can stimulate the economy.

Rather than laying off workers, companies go into a hiring freeze. Plus, as baby boomers retire, more positions open up, meaning more room for new talent.

Next: Skilled Services >>


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    Cary912

    almost 5 years ago

    4 comments

    Recession proof, I doubt it. I'm a new grad since may 09 with a BSN. Every job that is available is asking for 1 to 2 years of experience. How can a new grad get any type of experience if nobody is willing to give the a chance. It is very discouraging and frustrated as a new grad.

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    slb

    almost 5 years ago

    2 comments

    It is discouraging to see how many new nursing graduates are having difficulty finding a job. What seems to be forgotten when everyone is expounding the economy resistance of nursing is that many experienced nurses who have left the field are re-entering due to loss of other employment or loss of income of spouse. Also, there are more students being directed into the nursing field causing an increased supply to a dwindling demand. This ultimately will hurt the financial progress this profession has made.

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    lucid2020

    almost 5 years ago

    18 comments

    Germs may not care about the economy, but whoever pays your wages does care about the economy, and so should you. Health care will not suffer immediately since it is constantly needed, but unless there is a system in place to pay these health care workers and have them in at least non-hazardous conditions, we may end up starving pro bono together.

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