Job market conditions are often volatile as economic uncertainty dominates recent news cycles. Amid this challenge and uncertainty, there are some sectors that are unlikely to see layoffs during a recession.More specifically, few competencies tend to be more in demand, marketable and transferable than others. It is recommended to add Recession-resistant technology on your resume!Let’s check Tech skills to build a recession-proof career.
The Recent Recession and its Impact on Employment
The world’s major economies are in recession as growth slows more than expected due to the global oil and inflation crisis triggered by Russia’s attack on Ukraine, according to the Organization for Economic Co-operation and Development.
Germany, Italy and the UK rely on expensive gas for heavy industry and home heating, in light of OECD forecasts for global economic growth to fall from 2.8% in June to 2.2% in 2023 So we’re going into a prolonged recession. .
Read more: Bangladesh youth unemployment is 10.6%: ILO
Such a situation in the global economy could have fatal consequences for the global sector. Like the recession caused by the war between Russia and Ukraine, the world is also seeing a recession due to Covid-19 and its impact on employment. % to 24.4%, and the 25+ unemployment rate rose from 2.7% to 11.7%.
Staying productive during a recession requires learning a skill or two that will come in handy during these critical times.
Recession-proof occupations and related technical skills
programming
Some of the most in-demand technical skills today include Golang, SQL, and more. Net. Java, Python, Ruby, PHP and more in minutes. A broad understanding of several different languages can open up job opportunities in the IT industry. Whether you’re looking for full-time, part-time, or freelance coding jobs, the range is huge. Some of the most popular programming jobs include web development, software development, app development and networking.
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Programming courses and coding boot camps make it easy to learn today’s most in-demand programming languages, including HTML, CSS, and Javascript.
cyber security specialist
Despite the fact that many organizations are bracing for the effects of the economic downturn, business leaders continue to focus on information technology security. Cybersecurity industry professionals rank among the most focused workers for companies to hire over the next year, according to survey results from a hiring expert named Robert Half.
Read more: Cyber Security Career Guide: How to Become a Cyber Security Professional?
When looking to hire someone for a cybersecurity role, companies prioritize a number of qualities, including cybersecurity knowledge across multiple platforms, hacking awareness, and computer forensics proficiency.
A career in cybersecurity requires several skills, including problem solving, technical aptitude, security knowledge across various platforms, communication skills, computer forensics skills, and an understanding of hacking.
cloud computing
Cloud computing skills include knowledge in several areas such as database administration, network administration, programming, cloud security, machine learning, artificial intelligence, DevOps and APIs.
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Cloud businesses are certainly recession-proof due to the high demand for cloud-related professionals, making it more important than ever to invest in digital skills. As the majority of work takes place in cloud-based environments, there has been an increase in large-scale investment and adoption of technology, resulting in abundant employment opportunities.
Enterprises are rapidly moving to the cloud to modernize infrastructure, improve system reliability, and support hybrid work patterns. The cloud is the next frontier for cloud computing, and cloud ubiquity will last longer.
data analyst or scientist
Data Position continues to perform well in LinkedIn’s Jobs in Demand survey, indicating high demand. Canada’s data industry is expected to face a labor shortage over the next decade.
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This indicates that there are more job openings than there are individual job openings, giving job seekers the opportunity to choose the organizations they most want to work for.
A recession will not reduce the need for data-driven positions. In fact, during this time of economic uncertainty, many are starting to look to data-driven solutions as it may become more difficult for certain businesses to make a profit.
To pursue a career as a data analyst or data scientist, you’ll need to learn SQL, statistical programming, machine learning, probability and statistics, data management, statistical visualization, econometrics, and more.
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digital marketing
With so many businesses, from retail to healthcare, moving their operations to online platforms, the need for employees with digital marketing skills remains strong. A resume with skills in social media marketing, Google AdWords, SEO, and SEM is a particular way to get the attention of potential employers.
Digital marketers also regularly contribute to data-driven decision-making processes within companies, making them important members of any team. There are various online venues that offer digital marketing training, such as LinkedIn, Google Academy, and Coursera.
content writing
A content creation job can be a lifesaver during a recession. Newspapers and magazines don’t circulate even in a recession. No website or blog is left blank. Rather, more content needs to be written to inform people on how to sustain their lives in that crisis. .
Read more: How to get hired for an online writing job
To make a career as a content writer, you need to have good writing skills in a specific language. Content writing skills also require internet research ability, imagination, editing skills and proofreading skills.
SEO
SEO stands for search engine optimization. This is a valuable digital skill for anyone looking to expand their business presence on the Internet. SEO professionals need to manage various online media platforms to get traffic for their business. Even in a global catastrophe like a recession, businesses and people have to grow. That’s why our SEO expertise stays relevant.
To build a career as an SEO specialist, you need to learn on-page SEO, SERP rankings, off-page SEO, backlinks, etc. SEO jobs can be found in a variety of IT companies, e-commerce platforms, business organizations, and online. Can be used in industry, such as news portals. Additionally, online outsourcing platforms are also a great source for finding SEO-related jobs.
Read more: Why Local SEO Matters for Bangladeshi SMEs
video editing
Video has become the most popular medium for providing and consuming information today. People spend hours on video sharing sites like YouTube and TikTok watching trendy content. As the popularity of videos grows, so does the need for video editors. Also, it is easy to understand that video editing jobs are available anytime and in any situation.
To edit videos, you need to learn the application of video editing software. Popular video editing software include Adobe Premiere, Wondershare Filmora, CyberLink PowerDirector, Clipchamp, Apple iMovie, Magix Movie Studio, Corel VideoStudio, Nero Video, etc.
The web offers many free and paid online courses for learning video editing.
Read more: Video Editor Career Guide: How to Become a Video Editing Expert
Graphic design
From simple business card designs to 3D modeling, the scope of work for graphic designers in this era is endless. Design has a core aesthetic value in everything, and as things go digital, graphic design has become a basic necessity in every field. I’m saying
To build your career as a graphic designer, you can start with popular software such as Adobe Photoshop, Adobe Illustrator, and Adobe Indesign. Graphic designers can take on a variety of simple and advanced jobs, such as logo design, web design, and 3D animation.
There are many free and paid online graphic design courses available on the web today. Pick one and start learning today.
Read more: Graphic Designer Salaries: How Much Can You Make in Graphic Design?
Conclusion
As we begin 2023 with new aspirations and goals, we may hope for the best while preparing for the worst. on the other hand, recession-proof occupation Job security is high, as mentioned above, but the reality is that no job is fully recession-proof. Still, you can prepare for the worst of such situations. In unpredictable times, stay positive, be flexible and adaptable, and learn new skills to protect your future.