Monday, January 28, 2008

Recession-Proof Jobs in 2008


Larry Buhl, for Yahoo! HotJobs

A steady stream of discouraging economic news is bringing with it talk of the dreaded "R" word. Economists at Merrill Lynch and Morgan Stanley say the U.S. is heading for its first-blown recession in 16 years, and a recent CNN poll found that 57 percent of the public believe the U.S. is in a recession already, with the economy topping the list of voter's worries.

A recession could hit some job-seekers hard. "A lot of people won't have the luxury of going for their first choice in a down economy," said Sophia Koropeckyj, an economist at Moody's Economy.com.

However, many employment sectors are expected to remain strong despite a possible recession, and job-seekers may have more success if they focus on recession-proof professions.

The Bright Spots
John Challenger, CEO of outplacement firm Challenger, Gray and Christmas, told Yahoo! HotJobs that careers in the following fields may offer a good chance of weathering a storm this year. More>>>

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