Friday, August 11, 2023

Good careers during a recession


OK, as I write this, the Federal Reserve, the business media, and much of the mainstream media, are now, suddenly saying we won't have a recession.  They're wrong.  Pretty much every actual economic indicator and the actual data says we are slowly grinding towards a substantial recession.  Plus, as an old guy who has lived through about seven recessions, the "We're not going to have a recession" talk usually comes shortly before the recession becomes obvious to everyone. 

That said, Shane, in the video above, gives solid advice on five different types of careers that are very recession proof.  Well, except for one.  This video is from 2022, and he lists tech careers as recession proof.  As we know now, the big layoffs in the last year have been in tech.  But that's an unusual circumstance.  During the Great Recession of 2008, and the pandemic recession, tech workers were pretty solid.  He's not old enough to remember the DotCom crash, which is when tech itself crashed.  But the other four different types of careers he lists are solid places to work during recessions.  If you're thinking about a new career, or just beginning to work in general, check this video out.  


I'm doing a lot of my writing on Substack these days, check it out:

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