Episode: 587

Episode Title: Recession-Proof Career Fields

What’s the best career to pursue if you’re worried about a looming recession? Here are the fields economists predict will stay stable, next on The Perna Syndicate.

Ep 587 show:

Hello and welcome to The Perna Syndicate! Are we headed into a recession or not? No one knows for certain, and economists say our chances are currently about 50/50. It could go either way. 

This uncertainty is causing stress for young people, specifically the young people who will be launching their careers in what could possibly be a down economy. So is there anything they can do to come through this economic storm in one piece?

There are several strategies to recession-proof your career, and one of the biggest is to choose a recession-resilient career field. Most experts agree that industries like healthcare, information technology, education, and government will continue to be in demand—even if the market takes a turn for the worse. 

Okay, so that’s great for people who already picked those career fields, but what about the ones who didn’t? There’s hope for you, too. Each of these industries offers a full range of positions requiring all kinds of expertise and training.  

For example, healthcare systems don’t just hire nurses and doctors, but IT professionals, administrators, interpreters, building maintenance workers, and other vital roles. Same goes for many other fields that are predicted to remain stable regardless of economic challenges.

Whatever your original area of study may be, one strategy is to seek employment in an industry that won’t be capsized by this economic storm. 

Tomorrow: A recession-proof career isn’t just about the field you choose, but also the universal skills you can bring. We’ll cover some of them on the next episode of The Perna Syndicate. See you then!