It’s not the best time to talk about jobs at the moment with the recession and economic situation offering little hope to the aspiring job seekers. In US alone, more than half a million people have been retrenched from their job in the past one year, with the country’s unemployment rate surpassing the dreaded 10% mark, the worst figure in decades.
Major industries such as construction, real estate and manufacturing have been hit hard and while the current atmosphere is showing signs of recovery, the days are long and the journey towards the good old days seems to be never ending.
Nevertheless, a research conducted recently by Forbes gave indication that some jobs are just more recession-proof than others. Not only they are economically robust, they also pay good money to the workers. Job hunters can now find more reasons to be optimistic in their job search quest.
The 10 most-recession-proof jobs at the moment (Note that while the study involves specifically the US job market and labor condition, much of the finding is very relevant to almost everyone in all corners of the world):
Salary: $55,000 – $90,000
Nurses are needed everywhere not only in the US but in many developed nations and developing countries. Don’t talk about third world countries – the need of qualified nurses over there become more prevalent. Every day, patients need care, emotional support, advice and assistance in accommodating their medical needs. Also, without nurses, a doctor’s day will be hell.
2. Retail (store manager, sales associate)
Salary: $15,000 – $80,000
Yes, the economy is not looking so good, but people need to eat, buy clothes and get all those daily necessities. It is a continuous cycle regardless of the condition of the economy. Shops must run and retail stores will need good people to keep the operation running. The salary for the retail position varies a lot depending on the level of position, roles, and management responsibilities.
3. UPS Driver Helper (seasonal)
Salary: Hourly rate of $9.50
What does a driver helper do? Basically he or she needs to facilitate the loading and unloading of UPS trucks. This is a seasonal job which peaks at around holiday and with the Christmas coming up, expect a plethora of deliveries around the world and this is where driver helpers would come handy. A part time driver helper can get $9.50 per hour, not bad for a so-called ‘odd job’ or seasonal job.
4. Financial Advisor
A financial advisor helps individuals, companies and organizations to make wise investment decisions. He or she also does not necessarily deal with the wealthy lot but also the mid to low level income group, advising them to take charge of their future. Depending on the financial institution, type of investment and the advisor’s level of competency, the compensation varies accordingly.
5. Occupational Therapist
Salary: $50,000 – $75,000
Every occupation comes with its own hazard. And when their work ability is affected by some unfortunate incidents, who can they get in touch with? An occupational therapy. Someone in this profession helps the patients to improve their ability to carry out tasks and duties, as well as adapting people with the use of aids such as wheel chair, sticks and so on.
6. Sales (including Sales Rep & Sales Marketing Rep)
Salary: $30,000 – $100,000++
As the popular saying goes, “sales is the lowest paid easy job, and is the highest paid hard job”. This means if you really work your butt out in this profession, the reward is handsome. If you work half-heartedly, it’s the reverse. Regardless of your perception, sales jobs are here to stay.
7. Customer Service Representative
Salary: $25,000 – $40,000
A customer service job is not for everyone, but some people have this uncanny ability to deal with all sort of people solving all types of people’s problems and anguish. For these people, the day is bright and promotional opportunity awaits in the horizon; they’ll continue to climb the ladder and attain the top rank levels, and in the process, get more money.
Salary: $130,000 – $290,000
The job title sounds hardly impressive but wait until you see their salary. With a range of between $130,000 and $290,000, controllers can beat their chest and stand proud to be among those who are highly paid in this current bad economic situation. Usually reporting to the CFO, a controller’s job is to direct, control and manage a company’s accounting functions.
Salary: $75,000 – $90,000
Accounting is an integral part of a company operation and you can ignore it at your own peril. An accountant ensure the smooth running of the financial aspect of a company, address the company’s health and well being, and keep close eyes on company’s expenditure. A competent accountant can climb up the ranks and may find themselves helming the company as the CEO or the Managing Director.
10. Financial Analyst
Salary: up to six digit
Sorry to disappoint, but like the last two, the 10th position is also related to finance. Excellent finance graduates are often sought after by financial institutions and consulting firms to start a career as financial analyst, starting as an associate. He or she assesses and evaluates the economic performance of companies and render advice and consultation how the companies can safeguard their money and more importantly, become richer.