Actually, the answer is yes. There are some jobs that, by their nature, seem to be recession-proof. What are they? They are jobs in essential services. Jobs in health care, education, and public service. In fact, Statistics Canada noted in February that 31,000 more jobs were added to health and social services industries. People still get sick, need to go to school, and require even more help from public service industries during a recession.
Talking to a local businessman, it seems that realtors also seem to be less affected—even in a downturn there is a market place for real estate. People sell to get out of what they can no longer afford and find eager buyers for discounted properties.
Jobs in construction and engineering also seem to be less affected by the economic downturn as governments scramble to stimulate the economy with larger projects.
Professional service jobs as accountants, computer and technology services, auditors, and lawyers seem go unscathed as well. Accountants are in high demand in Alberta, according to the April 30 edition of the Calgary Herald, and the industry is doing much to encourage students to pursue this profession.
Choosing a career in volatile and changeable industries or jobs can mean great wages but frequent layoffs with little job security. Many mid-life career changers do so because they can no longer handle market fluctuations, seasonal disruptions, and lack of job predictability. Steady employment is more appealing than the unknown and easier to live with. Because people tend to spend what they make, fabulous wages usually don’t equal fabulous savings. And constant job searching can be tiring and discouraging.
Anyone seeking a satisfying (and long-lasting) career would be wise to consider how economic factors can influence their choice. And there are many choices out there that are unaffected by economic fluctuations. Start exploring your options at www.alis.ab.ca.