Oct
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Recession Proof Jobs
October 30, 2008 | 1 Comment
I think the person who takes a job in order to live – that is to say, for the money – has turned himself into a slave. ~ Joseph Campbell ~ [Source]
A recession is imminent and it’s a cycle that occurs at different decade. Sometimes, it’s long while other times it’s short. The usual recovery period takes about 2 to 3 years for the economy to regain itself and the inflation to stabilise.
The most memorable recession was called The Great Depression where millions were out of jobs and homeless. It taught the world that no matter how rich or poor you were, everyone will be affected by the financial economy.
From this, some jobs proved that they were recession-proof. Money is needed to buy anything. Barter trade was no longer seen as a balanced way to get the goods for use. During such tough times, jobs that not everyone can take up would be nursing, marketeer, software and design developer, accounting executive, network and systems administration and administrative assistant.
When times are tough, companies looking for staff replacements have tightened their criteria for candidates too. The replacements may be expected to complete the tasks with in the job scope and sometimes, ad-hoc tasks too.
In this case, what do freelancers have to do during such tough times and clients are not asking for someone to do the projects? Some take the time to spend some time with the family. Others may vamp up their business with better or new marketing strategies.
As freelancers, one is able to diversify more easily than those in huge companies. As a freelancer, what do you do to help yourself during this recession?
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[...] a recession, one may start looking at recession-proof jobs. It seems that being retrenched is a bad thing because others will think that you are useless [...]