The 5 Fastest Growing Industries during a Recession
(And Some Tips on How to Find Jobs in Them)
During a recession, some industries remain steady while others suffer severe layoffs and cash crunches. Hospitals remain busy during a recession because people still get sick and injured even during weak economic times, but non-essential businesses like tattoo parlors and gourmet coffee bars may find their bottom line dwindling. Job seekers looking for a paycheck and security in a recession should check out the following industries and professions, which are still growing at a rapid pace
Nursing and Health Care
A few years ago, way before the current economic ills, a huge billboard on Sunset Boulevard in Los Angeles advertised opening for nurses, even offering free cars for well-qualified caregivers. Nurses have the best job prospects of all medical professions, with a 28% increase in openings over the next few years. Job openings for nurses and other medical professionals are even greater today, since fewer and fewer people train for those careers. Physician assistants, medical records coordinators, X- ray technicians and other medical staff are always in demand, with pay ranging from the low 30s to $60,000. Home heath care aides for the elderly and disabled pay much less but are jobs are plentiful. If you already have experience in these fields contact health job agencies Nursefinders or MedSearch for openings in your area.
Education
A substantial number of teachers are expected to retire by 2016, according to the U.S. Department of Labor, and new teachers will be needed to take their place. Job openings vary according to school district and subject matter. Many schools have a hard time recruiting high school chemistry, math or foreign language instructors and pay a premium for qualified teachers in theses areas. There’s a high turnover rate in poor urban or rural areas, and this creates many openings for recent education graduates
Environmental Industry
With global warming and “going green” now commonplace terms, professionals in technology, manufacturing and science with “eco-friendly” skills have a good chance of landing work with private companies or within local or federal government agencies. “Green collar” jobs are available for scientists, engineers and administrators familiar with retrofitting, renewable energy, solar panels and energy-efficient construction. The environmental industry employs more 10 times more people than the pharmaceutical industry and expects increased hiring in 2009. Look for environmental jobs at Zibb.com.
Security
Policemen, security guards, homeland security agents, forensic psychologists and all crime prevention and security experts continue to be in high demand despite the economic downturn. Check with your local police department for hiring information as it varies from city to city. The U.S. Department of Labor’s Occupational Outlook for policemen projects an 11% increase in new hires over the next decade. Private security jobs are growing at a faster rate of 17% between now and 2016. Transit agencies, including private bus lines and public transportation systems need security guards and supervisors. For public sector employment in transportation, the TSA (Transportation Security Administration) lists jobs for air marshals, inspectors, criminal investigators and support staff on their official website.
Accounting
California based employment agency AccountingCrossing had a 125% increase in job listings during the first eight months of 2008, and the U.S. Department of Labor statistics indicate faster than average growth for jobs in the accounting and auditing industry between 2006-2016. Nothing is certain life except death and taxes, and job openings for tax managers and international tax experts are expected to rise in the upcoming months. CPAs are in luck, too. A survey by the American Institute of Certified Public Accountants (AICPA) shows that 67% of businesses will hire CPAs within the next year.
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