The Telgraph, Tuesday 5 July 2022: The ‘recession-proof’ jobs that are immune to a downturn

The ‘recession-proof’ jobs that are immune to a downturn

City CV CEO & Founder, Victoria McLean, featured in an article in The Telegraph: The ‘recession-proof’ jobs that are immune to a downturn, on July 5 2022.

Below is a short excerpt.

Is your role recession-proof?

Fears of a looming recession are fraying hiring managers’ nerves: job postings on the careers website Indeed have already slowed down in recent weeks, and talk of redundancies has more than doubled in the past three months on the website Glassdoor.

Victoria McLean, of the career consultancy City CV, said that jobs in healthcare were particularly well insulated from recessions. “We will always need doctors, nurses and care workers,” she said.

Ms McLean also highlighted education as an area which remained relatively recession proof. Teachers also require specific qualifications. One of the most common routes is the Initial Teacher Education or Training programme, which is an undergraduate degree that takes between three and four years.

Ms McLean warned that the so-called “Great Resignation” could now be coming to an end as the uncertain economic environment made employers more hesitant to make new entry-level hires.

However, she warned that it was not too late for workers looking for a change. “Despite the imminent economic downturn, this current weighing of supply and demand doesn’t come around often. If you’re willing to take the risk, and are quick about it, it could pay off,” she said

“Around 85pc of roles are filled through networks rather than traditional channels. Network with people in the career you’re looking at, whether that’s at events or online, such as LinkedIn. Look for free or subsidised training, or seek out volunteer opportunities. It’s also important to consider the skills and experience you already have that could be useful in your new career and talk those up.”

Financial Services CVs, coping with redundancy
The article can be read in full here. Please note this article is behind a paywall.

Contact us today if you would like to find out more details about how our award-winning CV writing team can help you.