Three Careers that withstand the Economic Ups and Downs

We’ve all experienced some kind of fallout due to the 2008 recession and no group got hit worse than those just entering college or stepping into their careers. Student loan debt is up 463% since 2009. Factor the rising demands by companies (and their choice in outsourcing work) and we can see that we may be in for another cycle of ups and downs.

The U.S. economy has started to make a comeback, though. The Dow Jones (and other trading platforms) is showing record numbers; banks have begun lending to small businesses again; home ownership is beginning to see a small rise; the unemployment rate is starting to drop.

I don’t know about you but now is the time to start thinking, hard, about careers that won’t fluctuate due to external controls. Hopefully, this article reaches you at a pivotal moment in your career direction.

These are a few careers that will withstand the economic ups and downs:

Customer Service Representatives

Though we’ve shifted much of the manufacturing process overseas, we still see a high demand for customer service as the economy makes a rebound. Business is doing better than ever and with it comes a higher demand for personnel to handle the support. A testament to this can be seen in such examples as record hitting numbers for this past Black Friday.

The average CSR employee can expect to earn around $29,000 a year but greater opportunities are available in the health, insurance, and IT departments.

Engineering (just about anything)

Engineering jobs are in a boom. This choice in career shows stability due in part to the increase in demand for technology and product design. Another underlying factor that brings this career back to the United States has been difficulties with language barriers. Team coordination has been problematic for those businesses outsourcing engineering jobs overseas, which has made them reassess their decision and resulted in an increase in demand for native workers.

Though an engineering degree takes a significant amount of time (depending on industry), it’s still very rewarding at a rate of about $79,000 salary on average though it increases in fields like medicine, electrical, and project-based engineering.

Digital Marketing

A survey concluded that 52% of small businesses do not have a website. You can imagine the percentage of those that do have one will post lower numbers when it comes to marketing in areas like social, video, content, and SEO. Digital marketing will remain stable due to need and demand for web solutions for businesses. There are many areas to choose from, many of which do not require a degree – active participation conducting campaigns and strategies, along with building a portfolio or joining an existing marketing firm is enough to get a start.

The selection is near limitless due in part to new platforms added to the foray each passing month. Marketers can expect to earn onwards of $72,000 a year, on average, but can find greater opportunities acting as marketing sales reps or in consulting.

Conclusion

There are many other viable opportunities for careers that withstand the ups and downs. A growing number of tech-related, service-based, and hands-on careers are ready and waiting. Make the right choice and you won’t have a second thought about growing student debt and rocky job outlooks.

 

Article written by

Contribution made by Becky W.

Leave a Reply