I am addicted to the site “How Stuff Works”. It’s a great way for me to pretend I’m learning things, when really, I just want to do the latest quiz on Star Trek or James Bond. It does cover a variety of topics though, and one of them was on recession proof businesses. So, if you’re thinking of starting your own business or changing jobs, these may be some ones to consider:
- Candy, Cosmetics,and Contraceptives. Makes sense if you think about it. Almost everyone loves a sweet treat, and they are a fairly inexpensive pick me up. Buying a new lipstick is much cheaper than buying a new dress. And as for contraceptives – well, if you’re broke, you probably don’t want a baby on the way.
- Luxury retail. That one surprised me a bit – but of course, while most of us do badly in a recession, there are still folks with money – and who want to show it off.
- Repossessions. Yup, taking stuff away from the folks who can’t pay for it now. You gotta have a strong stomach for this though.
- Government. Well, it is unionized for the most part, and they are more recession proof than most, but even they lay people off. As with most union jobs, it’s all about seniority, and if your department is seen as money making or just “nice to have”.
- Education. Hmm – I’m not sure I agree with this one as much. A lot of people go back to school to become teachers after they lose their jobs, and right now, there are more teachers than there are positions. If you’re teaching already and have seniority, then it’s a pretty good gig. If you have qualifications that make you stand out (e.g. you’re bilingual) or are willing to move, this may also be a good field to consider.
Please tune back in tomorrow when I’ll cover the remaining 5 careers.
Would you ever consider any of these jobs? Are you in any of these fields right now?