The recent coronavirus pandemic has caused an economic crash that hasn’t been seen since 2008. Due to the closings of numerous businesses and the need to quarantine many people are forced to reduce their spending. This closure of businesses has caused numerous struggles both for the businesses and the public involved. Some jobs have proven stable during the pandemic though.
This stability of certain jobs was evident in nearly every major recession that we have faced. For Instance during the Great Recession that occurred from 2007 to 2009 some people fared better than others, largely due to their jobs.
If we examine the numbers from that time frame you can see several jobs that have proven to be able to resist a recession. Despite money being in short supply certain goods and services are always going to be needed. If you are employed in one of these professions you should be able to weather the storm. These jobs will enable you to provide for your family. You will likely continue to bring home a check in all but the worst scenarios.
Here is a list of fourteen jobs that should stand the test of time, at least for the foreseeable future. They withstood the great recession and the recent Covid 19 Pandemic both instances during which there was some economic collapse.
The List – 14 Jobs To Have If The Economy Collapses
There will always be people who are sick or injured and in need of emergency services. Short of a total collapse of society local governments will always find a way to fund these services. This most often comes in the form of taxes paid for by the public but in some instances is subsidized by private billing by the companies. The Bureau Of Labor estimates an increase in Paramedic jobs by 7% over the next eight years.
Just as with paramedics nurses will be in constant demand. America already faces a shortage of these critical personnel. This became even more evident in the recent Coronavirus Pandemic. Due to this shortage nurses were stretched thin but in all but the most isolated cases maintained their normal income. Some nurses were even recalled after having left the field. In these cases, the States made exceptions to their permit requirements as long as they had been in good standing when they had left the job.
3. Pharmacy Technicians
This one may seem a bit strange but obviously the doctors are still working to take care of patients. This leaves the need for Pharmacy Technicians to fill the required prescriptions. Currently in the US there are around 400,000 pharmacy technicians employed. According to the Bureau Of Labor there is currently a shortage of pharmacy technicians and the demand is expected to grow by nearly 7% per year. In some cases pay is starting to reach $25 to $30 an hour.
4. Truck Drivers
The beginning of the Coronavirus Epidemic quickly demonstrated the need for truck drivers. Stores quickly ran out of supplies and were unable to restock fast enough. In many cases this was not due to the lack of materials stored at the factories. It was more an issue of the fact that those supplies could not be moved to the stores fast enough to meet the demand. There are nearly 2 million long haul truck driver jobs available in the US alone with many of those jobs being held by an ageing workforce. There is an estimated growth of about 100k over the next 8 years.
During the recent pandemic farmers did not see much of an uptick in business as it was an off season. However, many of them did find that they were not affected by the virus as much. The shortages at the stores had less effect on them as in many cases they tended to have stockpiles of food. If the situation had remained into the summer they would have quickly proven their worth. Everyone has to eat and if you can set up a local stand you should be able to compete with the supermarkets. During a collapse food prices tend to increase and local farmers can often beat supermarket prices since they are not shipping their produce. Due to the nature of food production the number of farmers is expected to decrease slightly over the next decade.
6. Utility Workers
One thing that made itself clear during the recent virus was that people staying home had to find ways to occupy themselves. For many this meant watching television or tending gardens etc. This meant that Utility Workers of all kinds were essential to them. These utility workers ensured that the power remained on, water continued to flow and phone and internet services stayed active. Short of a major collapse utility workers of every type will be needed far into the future. Those working in the power field tended to have the highest salaries with a median income of $65,000 a year and an expected job growth of 4%.
7. Medical Professionals
Despite the change in economic times there will always be a need for medical professionals. Doctors who worked in the ER and Hospitals remained critical throughout the recent events. While doctors who worked in local offices and some specialty fields such as chiropractic saw a decline in business this was largely due to a reduction in people coming in for well checks. However, since most of these doctors did attend a medical school, had it become necessary they could have found employment at hospitals etc.
8. Security Guards
Many security guards are employed by large event arenas such as stadiums and theme parks. While these individuals tend to be affected by events such as the recession and the recent coronavirus outbreak others who guard private property and smaller businesses remain in high demand. It is likely that many of the guards normally employed by the larger venues could find work at businesses that don’t normally have guards. This is due to the fact that crime rates tend to increase during a recession as thefts go up. Despite the recent events security guard jobs are expected to grow by 4%.
9. Internet Marketing
Internet Marketing while not in the public limelight demonstrated its huge value and potential to earn during the recent viral outbreak. Online Merchant Giant Amazon provided many essential items to people and businesses across the country. Many people who had been forced to quarantine at home during the pandemic spent more time than ever on the internet. This led to a large uptick in the sales of internet items despite the downturn in the economy. It also demonstrated that it is possible to work from home in many instances if you put in the time to learn internet marketing.
Fire services is another of those things provided for by the local government that most people are not willing to do without. Many firefighters are also trained as EMTs and Paramedics leading them to perform a dual role. This helps to ensure that no matter what the economic conditions are they will be in high demand.
11. Correctional Officers
The recent viral outbreak caused an unexpected change in the jail and prison systems. Due to the possibility of cross contamination many non violent offenders in local systems were quickly processed and released. However, at the same time increases in domestic violence and thefts were reported which resulted in more arrests being made.Throughout this correctional officers remained busy. There is already a shortage of officers in this field and it is likely to see a slight increase in jobs. The job of correctional officer has a median salary of around $22 an hour.
The recent pandemic caused everyone to shelter in their homes and avoid contact with other people if at all possible. This resulted in the closure of nearly all schools. Despite this teachers quickly adapted and figured out ways to continue to instruct their students through online interactions. This new style of teaching is expected to continue to expand moving forward. Despite this refocusing the job demand for teachers is expected to continue to rise over the next decade.
In all but the rarest of situations a recession does not normally affect military personnel. Operations outside of the country continue as before. Additionally, as was seen in the recent viral incident, military personnel were activated to fill gaps in the public sector. These tasks included things such as moving supplies, security and medical tasks related to testing for the pandemic.
Additionally, recent riots resulted in the need to use the National Guard as a peacekeeping force. Military in some form or another has been employed by nearly every country for thousands of years. They will continue to be necessary at least for the foreseeable future. This is another opportunity for on the job training paid for at the expense of someone else. Depending on your choices you can obtain a specialty from the military that you could use later on in life after leaving the service if you choose to.
14. Police Officers
Throughout both the great recession and the recent viral outbreak the job of police officer remained stable. However, recent events have caused a huge shift in the status of police officers. Currently the entire country is looking at police reform. Despite this some version of police officers will likely remain even though efforts will be spent in reducing their numbers and providing alternative solutions. This career field provides vast potential for people of color and other minorities to obtain jobs as many agencies seek to diversify their force. With a median salary of nearly $75,000 and on the job training this is a great opportunity for you to be an agent in that change.
Certifications and Obtaining These Jobs
Now that things have begun to settle down you should consider one of these jobs or another that you feel has the potential to remain stable during an economic collapse. Several of these jobs are entry level and will provide the needed training to you. However, others require special certificates and years of training. Don’t wait until the next collapse to try and get one of these jobs. Go ahead and take the necessary steps now.
Many of the stats used here were accessed from the Bureau of Labor website and can be verified yourself at that location.