Wednesday, January 28, 2009

Top Careers to Pursue during the Recession - Part 3

18. Consulting: Recessions are crunch times for companies as well, and they're likely to bring in consultants for advice on efficiency and squeezing the most out of their resources.

19. Bankruptcy Law: It's sad, but true: As companies and individuals go bankrupt, they'll need a lawyer to help them work through it all.

20. Government Contracting: Despite money troubles, roads must be maintained and schools must be built. Contract your work out for government functions for job security.

21. Food: People need food to survive, and it's not likely that anyone is going to just stop eating — no matter how bad the economy gets.

22. Beauty, Health and Erotic Services: Regardless of a recession, people who enjoy being pampered will seldom give up the simple pleasures in life.

23. Debt Collection: As budgets get squeezed, people will fall behind on payments, and companies will look to debt collectors to recoup their costs.

24. Ultraluxury Items: If you're in a business that caters to the ultrarich, you can expect to be safe, as this type of consumer is likely to have measures in place to weather the recession.

25. Multifaceted Careers: If you don't put all of your eggs in one basket, you should be able to ride out a recession by relying on secondary income. So if you juggle a career that involves a regular job, plus other sources like online income, freelancing and investing, numerous failures have to happen before you're really in trouble.

While recessions hit some sectors hard, others will experience growth. Whether you're hunting for a job or looking for a career change now is a good time to evaluate your options and consider a recession-proof career.



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