Big Companies Prioritize Technical Talent as U.S. Recession Begins: Focus on Recession-Proof Jobs

Get ready to recession-proof your career with Silicon Valley Girl as she shares her expertise on the top jobs that will weather any economic storm.

1. A recession is technically defined as two consecutive quarters of GDP shrinkage, which has already happened.
2. Economists also consider other factors like unemployment and consumer spending.
3. Unemployment rates are currently not alarming, but consumer spending is a factor to watch.
4. Some experts predict the recession will occur in late 2022 or early 2023.
5. Recessions can provide learning opportunities for businesses and individuals.
6. This video focuses on recession-proof jobs to help viewers prepare for potential job loss.
7. Healthcare professionals are generally safe during recessions, as people get sick regardless of the economy.
8. Online education is a growing field with potential for teachers looking to expand their reach and income.
9. I.T. workers, particularly high-skilled developers and engineers, are in demand and can work remotely, increasing their job security.
10. Accountants and bookkeepers will remain relevant due to the complexity of tax situations and side hustles.
11. Freelancing and contracting can provide freedom and entrepreneurial opportunities within recession-proof jobs.
12. Social workers, firefighters, grocery store employees, and mental health professionals also have relatively stable employment during recessions.
13. Public transportation workers and public utility services employees benefit from job stability provided by the public sector.
14. Actuaries, lawyers, insurance agents, pharmacists, and delivery service workers are also considered recession-proof.
15. Recession-proof jobs allow for skill utilization in various ways, such as starting a business or freelancing.
16. The speaker's personal experience includes running a study abroad business affected by recessions, leading to the development of online language learning offerings.
17. Online tools like Tidycal on Appsumo can help automate and manage schedules for online educators and businesses.
18. There is a growing need for therapists and mental health professionals during tough times and recessions.
19. Actuaries, who help businesses manage risks, are in higher demand during recessions.
20. Lawyers and legal professionals benefit from increased crime, divorce, and bankruptcy rates during economic downturns.
21. Insurance agents will always be needed for various types of insurance coverage.
22. Pharmacists have a relatively stable profession with good pay.
23. Delivery services have become more popular, especially with the rise of same-day delivery needs.
24. The speaker encourages viewers to think about how they can make recession-proof jobs their own businesses or freelancing opportunities.

Source: Silicon Valley Girl via YouTube

❓ What do you think? As we navigate uncertain economic times, what are some ways you can adapt and thrive in your current role or career, regardless of external circumstances? Feel free to share your thoughts in the comments!