It is very necessary to know recession-proof jobs before the recession. it is also necessary to start part-time or full-time recession-proof jobs before the recession. You listen a lot about recession, it is a situation where the economy is shrinking or buying power of people turns very low. They earn a few amounts and buy only survival items.
Many businesses like traveling, hoteling, and tour industry become closed. The people related to these types of businesses convert into unemployed. They search for what job is best during a recession.
Every person should always have a recession-proof full-time business, job, or part-time or side hustle to survive during a bad situation. I researched a lot and found many jobs and businesses that everyone can start full-time or part-time to survive or earn more than normal.
I researched many businesses, people, and experts, their activities, and their strategies during previous recessions. How they save their business. Which jobs grow, and which employees earn more than in normal situations?
After so much research, I can share with you 05 recession-proof jobs. Everyone should start any one of them as full-time or side hustle along with a full-time job or business to survive during a recession.
I am also starting one of them as my side hustle to save myself, my business, and my family from bankruptcy.
01. HEALTHCARE PROFESSIONAL
The need for healthcare is not ending in any situation. During pandemics and recessions, its demand is increased than decreasing. During the previous bad situation, its demand increased on every platform, and the salaries also increased.
You don’t need to take a new degree to become a doctor or nurse. You should only start your passion and profession-related job and business and link them healthcare industry. If you are a writer then learn to write about medicine, doctor, health-related magazines, and newspapers.
Every business can be linked with the healthcare industry easily. If that not possible to link your existing business with the healthcare industry then you can start a new easy one.
A lot of options are available in the healthcare industry you can start, transporting medicines, nurses, and doctors, writing services, digital marketing, supplier, manufacturing tools and machinery, repairing and installation of machinery and tools, and so on.
02. EDUCATION
Education is a never-ending industry. In every situation, people learn and pay for education. The ways and methods are changing due to technologies but the earnings and expenses are growing.
The sale of books and courses increased during the previous pandemic and the lockdown period. Every person related to education earned more than the normal situation.
Here also no need to change your previous degree to become a teacher and professor. You can start many businesses that are related to education. All the above-mentioned professions can be fit here easily.
If anyone of you is already a teacher or professor then you should start online teaching along with your existing job as a side hustle to earn more. There are many platforms already available which manage all the steps. You should need to register yourself as a teacher.
You can record lectures and they automatically edit your videos and audio. You can also teach live to a group of students or individually which is easy for you. It is very interesting and everyone should teach others any skills in which they have expertise.
03. IT INDUSTRY
IT work is increasing more than in any other industry. In previous days, there is only one field called software engineering or software development but now the field expanded and many new fields are included in IT.
AI, Machine learning, Python, Blockchain, Data Science, Remote sensing, Hacking, E-Commerce, and many more are the fields of IT related. You can choose any one of them and these are all recession-proof.
Nowadays, the world can’t survive without these workers. The demand for these workers is necessary like food and clothes. Our transport, aviation, commerce, banking, and other operation will be closed without IT. We are all fully dependent on IT.
The main part is that you can hire and can work everywhere. Companies are hiring developers from other countries to save money on wages. These developers are providing the same work and are sometimes superfluous as regular and costly employees.
04. ACCOUNT AND FINANCE
Every company and person needs account and finance experts for different tasks. Now when all are creating content and other side hustles along with their full-time jobs and businesses, they have no time to do this extra work like accounting for their own.
Companies also hire account and finance experts from other third-world countries as remote jobs. Because they are all cheaper than their own countries.
If you want to invest your saving into a different venture to earn more and be financially free in the future. You should hire a finance or investment expert that analyzes some data and advice you to invest in the right place. If you do this work on your own it takes lots of time and energy but a financial expert does it easily because they are already experts.
This industry is expandable as large as you can. You can create an agency and an online platform to provide services to more clients from everywhere.
05. GROCERY STORES
You experienced in the last pandemic, lockdown, and recessions that grocery stores are open and earning constantly. They have permission to work in any situation and everywhere. The demand is create importance.
Grocery is not limited to the stores it is a complete industry. You can provide anyone service to this industry which all are recession proof.
It is also improvable or expandable. You can create a chain of grocery stores, HR services, transport services, and delivery services to lot stores populations at once.
