News about the economy doesn’t seem to be getting any better and the costs of gas and food just keep rising. This has made many students who are currently pursuing college degrees think twice about their choice of major. And while no job is 100% secure, there are plenty of industries out there that offer stability during unstable times. According to Sophia Koropeckyj, a senior economist at Moody’s Economy.com, the following five industries have shown to be “recession-proof:”
Crime is always a problem, no matter how the economy’s doing, so the demand for security experts, port security specialists, and police officers will likely grow. In fact, when funds are scarce, more crimes tend to occur. Data security specialists, who work to combat hackers and prevent terrorism and identity theft, are in demand as more and more people depend on computers to store private information. To become a data security specialist, you typically need a bachelor’s degree in computer science. Data security specialists earn an average annual salary of $41,470.
Healthcare is one of the fastest-growing industries because people will always need medical attention, despite the state of the economy. Healthcare professionals that are in demand include nurses, physicians, physical therapists, pharmacists, and health aides. There’s a particularly dire need for registered nurses. You need an associate’s or bachelor’s degree in nursing in order to become a registered nurse. The average annual salary of registered nurses is $58,500.
Government jobs are affected by economic downturns, but only slightly. Tax revenues are down and there are a limited amount of state and municipal government positions available, but there will always be a demand for court clerks, public safety officers, and especially administrative services officers. You generally need a bachelor’s degree to qualify for administrative services manager jobs, which pay an average of $68,000/year.
Jobs related to alternative and renewable energy are likely to achieve steady growth in the coming years in response to rising gas prices. Energy companies may also hire physicists to research methods for limiting fuel consumption. To become a physicist, you generally need a master’s degree. Physicists earn an average annual salary of $72,910.
As people becoming increasingly aware of environmental problems like global warming, there’s a growing need for scientists and engineers to help companies develop “green” technologies. There’s also a high demand for environmental engineers who can help to combat air, water, and soil pollution with their knowledge. You need a bachelor’s degree in environmental engineering and a license from the board of registration in your state to become an environmental engineer. The average annual salary of environmental engineers is $47,960.
Plenty of careers are growing, despite the slow growth of our economy. So, if you’re about to go to college and are stressing about what online degree program to choose, consider pursuing a degree that would qualify you to work in a recession-resilient industry.