Saturday 31 January 2009

Safest Occupations Now !

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Safest Occupations


The market crash of 2008 has completely changed the landscape for job seekers.
With numerous companies either downsizing or filing for bankruptcy, a
large number of salesmen, contractors and manufacturers could find themselves in a
similar predicament. However, there are professions believed to be recession-proof.
Here are six industries that feature some of the safest occupations to have in the
current financial climate.



Credit control


Debt collectors and specialists in credit management are actually benefiting from the
recession, which is why they’re considered to have some of the safest occupations in
the current economy. As larger sections of the population struggle to make ends
meet, collection agencies are starting additional business lines and opening new
positions to cope with the growing demand.
Meanwhile, in an effort to lower the risk of foreclosure, companies
have started hiring credit controllers to ensure their payments are up to date and
to avoid opening new accounts



Entertainment



The entertainment sector, which includes music, cinema and television, typically
thrives during financial crises. Consider, for example, the unprecedented boom
Hollywood experienced during the Great Depression of the 1930s. Things haven’t really
changed in the last 80 years, with box-office sales skyrocketing during five of the
past seven recessions. This is due to the fact most people rely on escapism to
survive harsh times.
Though the recent Writers’ Strike and the threat of a similar protest from the Screen Actors Guild have slowed down
business, the entertainment industry continues to turn out a hefty profit, which is
why it offers some of the safest occupations.



Health care


There are two important reasons why professions such as physicians, nurses and
paramedics are among the safest occupations in the current economic climate; the
first relates to the fact that they offer essential services.
The second reason why the health care sector is
recession-proof is tied to our aging population. As the baby-boomer generation ages,
chances are that health professionals, radiographers and pharmacists are going to
experience a considerable boom. Also keep in mind that the public sector is more
dependent on government expenditure than it is on the financial markets.



Nuclear energy


Newly elected U.S. President Barack Obama and current British Prime Minister Gordon
Brown have both stated that they intend to explore nuclear energy as a means of
reducing carbon emissions in their respective nations. Brown also asserted that his
plan to reinstate nuclear power plants would help reduce unemployment. As other
countries adopt similar stances, professions such as nuclear engineers, maintenance
technicians and plant operators are likely to increase in demand over the next few years, placing them among the safest occupations to have during these trying times.
However, it isn’t just about prospective employment -- nuclear power plants already
supply 20% of the United States’ electricity. With talks of an impending global
energy crisis, chances are this number won’t go down anytime soon.



Oil and gas


The promise of nuclear energy and other clean technologies aside, the oil and gas
sector remains particularly resilient regardless of the current economic climate.
Though oil prices have dropped recently, it’s worth noting that they’re still several
times higher than they were just 10 years ago. That’s because the entire world
relies on oil and gas for transportation, making the jobs of drillers, well-site
geologists and petroleum engineers some of the safest occupations in terms of
employment. Furthermore, according to the outplacement firm Challenger, Gray &
Christmas, roughly 80% of the industry’s labor force will reach retirement age in the
next decade. This means positions may open gradually over the next few years.



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