13 Best Jobs in Hard Times
By Marty Nemko, Kiplinger
A 2009 CNN poll found that nearly 60% of Americans believe we're likely facing a depression. Although most Americans would, of course, suffer in an economic depression, some careers should remain strong, maybe even bolstered by tough times.
Bad times increase businesses' and individuals' desire to wisely account for every last dollar.
>> Find jobs in Accounting.
Even in the recent tough times, our political leaders are calling for increased education spending and voters continue to pass education bonds.
Community colleges should also thrive. Unable to land a good job, many people will return to school for retraining. Even those with college degrees will turn to community colleges because they typically offer practical career-related training and at an affordable price.
>> Find Jobs in Education.
During the Great Depression, the movie industry boomed as people craved escapism and had time to burn. That would likely be the same today: the film, video game, sports, and creative arts industries should be viable.>> Find Jobs in the Entertainment Industry.
This is the classic defensive investment. Even in the worst times, utilities stay cranking.
>> Find Jobs with a Utility Company.
Home, car, commercial, industrial -- in a bad economy, the rule is don't replace; repair. For example, in a depression, struggling car manufacturers will more often opt to repair than replace a balky welding robot.
>> Find Jobs as a Repairer.
Despite all the media attention to solar, wind, etc., the nuclear industry may, over the next decade, create the most jobs.
>> Find Jobs in the Energy Industry.
7. Health care
Especially registered nurses, physician assistants, internal medicine physicians, dentists, optometrists, pharmacists, and physical therapy assistants.
There should also be a boom in jobs related to healthcare reform, a Barack Obama priority. Many government jobs in accounting, actuarial science, information systems and management should result.
>> Find Jobs in Health Care.
An increasingly aging population will increase the need for housing, home retrofitting, geriatric care management, and, of course, the aforementioned health care.
>> Find Jobs in Senior Services.
>> Find Jobs in Law Enforcement.
10. "Sin" industries
Jobs related to the liquor and sex industries have always thrived, in good times and bad. (Sin stocks may also make good investments. See The Virtues of Vice Stocks for more info.)
>> Find Jobs in the Liquor Industry.
11. The clergy
People seek spiritual support in tough times.
>> Find Jobs with the Clergy.
For example, there will be jobs repossessing the big SUVs from owners who knew they couldn't afford them, but took advantage of no-qualification loans.
>> Find a Job in Collections.
13. Government work
The Obama presidency is creating government jobs across the board but especially in homeland security, health care, accounting/auditing, information technology, and the IRS. The government has police powers to collect taxes in good times and bad, and so will be more impervious to economic declines.
>> Find Jobs in the Government.
Marty Nemko (bio) is a career coach and author of 'Cool Careers for Dummies.'