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Top 5 Recession-Proof Industries

Hamsa Ramesha | NursingLink

3. Skilled Services

Hair stylists, plumbers, electricians – they offer services that are always in demand, all the time. Seriously.

It just makes sense: These industries offer products and skills that people will always want. Demand stays consistent because the services are not only affordable, but considered necessary to the success of a business, or running a household. Services that trend to a down market will do exceptionally well. It is the type of industry to remain steady no matter what the economic climate may be. For example, nail salons saw a 9 percent growth in 2007, according to the BLS.

Quick Tip: Skilled labor also makes a great secondary career if your first job goes down the drain.

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