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.