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July 16, 2010 8:33 AM

Finding A Recession-Proof Career Path

By
Tucker Reals
(MarketWatch)  Job security may not be the first thing you think of when you're weighing your next career move but it's certainly a nice perk, especially in a job market like we have today.

The good news is that recession-proof careers do exist. From Kiplinger's Magazine, Erin Burt suggests these five industries for more job security:

Health care.
Many of the nation's fastest-growing careers are in the health-care industry, according to the Bureau of Labor Statistics. An increasingly aging population fuels demand in this field. And these careers should stay in demand for years to come. Some specific jobs with stable prospects include doctor, nurse, pharmacist, physical therapist and physician assistant.

Education.
Just as everyone will always need a doctor, the need for teachers isn't going away either. Teachers for any grade level who specialize in high-demand fields such as math, science or bilingual education should have an easier time finding and keeping a job. And the outlook for college instructors looks stable too. College enrollment is rising as the number of 18- to 24-year-olds increases. And more adults are returning to school to enhance career prospects.

Security.
Crime doesn't stop in a recession. That makes security jobs, such as police officers, detectives, private security guards and international security experts a good bet. Layoffs in this industry are rare, according to the BLS. In the off-chance law enforcement officers lose their jobs to budget cuts, they have little difficulty finding jobs with other agencies because demand is so high.

Environmental sciences.
The current "green" movement reaches far beyond changing your light bulbs to fluorescents. It's also translating into a solid career choice. The BLS expects environmental careers, including ecologists, hydrologists, environmental chemists and others, to grow 25% over the next decade -- much higher than the average for other occupations.

Government.
Some of the most stable jobs around are within the federal government, where firings and layoffs happen at just one-quarter the rate in the private sector, according to the BLS. One reason: Even in hard economic times when big businesses are forced to downsize, the government must carry on. And only one in every 5,000 nondefense workers is ever fired for poor performance each year, says the Cato Institute. Those are pretty nice odds. Due to an increasingly aging work force, the government is doing a lot of hiring lately, especially among the 20-something crowd. Uncle Sam hires workers across a broad range of fields from accounting to zoology.


By Marshall Loeb

MarketWatch
  • Tucker Reals

    Tucker Reals is a senior news editor and overnight site editor for CBSNews.com, based at CBS News' London bureau.

Add a Comment
by gkc99 June 4, 2008 1:58 PM EDT
So having sent America''s well-paying jobs in science and technology to Asia so some of Bushit''s and Clintons favorite biz billionaires could line their pockets, here''s what said biz geniuses are suggesting for America''s future:
1. health care: emptying bed pans and watching Alzheimer''s patients--the MD jobs are being snapped up by Asians;
2. education: you can work in an inner city kindergarten for less money than bus drivers get;
3. security: low paid rent-a-cop job where you can shoot at other underpaid, desperate people;
4. environmental sciences: i.e., trash collector;
5. government: yup, the bureaucrats always look out for number one! See if you can get on at the Post Office.

While Bushit''s Billionaires get fat tax breaks at your expense. Tell me: why did you vote Repug?

Dumb.
Reply to this comment
by ianlou June 4, 2008 1:12 PM EDT
This list consists of:
Mending, tutoring, jailing, cleaning up after, and controlling your fellow man.

Does this mean that the only stable jobs in America involve some form of Baby-Sitting?

Reply to this comment
by bgwinnett June 4, 2008 12:48 PM EDT
Repo man must be one surely.
Reply to this comment
by payasyougo June 4, 2008 12:35 PM EDT
"Some of the most stable jobs around are within the federal government, where firings and layoffs happen at just one-quarter the rate in the private sector, according to the BLS. One reason: Even in hard economic times when big businesses are forced to downsize, the government must carry on. And only one in every 5,000 nondefense workers is ever fired for poor performance each year, says the Cato Institute."

The ability of the government to keep going like this won''t last...
Reply to this comment
by mitywhity June 4, 2008 12:04 PM EDT
Medicine, baby. Six-figures in DEBT right out of college, Where else you gonna go except to an internship for beans for two years? It''s a tough row to hoe.
Reply to this comment
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