Tuesday, January 13, 2009

Good jobs, Bad times

What kinda jobs don't get directly affected by recession? As in what profession would you be in to be most immune to any economic downturn.

Right of the top of my head I can think of 3 such professions.

1. Lawyers - Some may say, they actually make a merry during recession. Depression is time of increase in crime, both corporate and otherwise. Men generally tend to go negative during hardship. And crime to Lawyers is what ill-health is to Doctors.

2. Doctors - This one is easier. Again you will always require Doctors. Good times and Bad times. Actually more during bad times. Stress is a genesis for a whole lot of medical problems. Enter recession, enter stress. Enter stress, enter your friendly neighborhood pill-man, your Doctor.

3. Professors - One of the most under rated professions according to me. Completely immune to any economic downturn, IMO. The 'khadoos', arrogant tribe is actually one of the least affected men and women in times of hard recession. From what I hear, people go back to school during tough times.

P.S : I read somewhere that Casinos actually do better business during hard economic times. Not sure why!


Blue Bike said...

to this list, I might add:

-> Bureaucrats / Civil Servants

Rathchakra said...

Universities and schools are actually suffering pretty bad. Refer to the latest op-ed by Friedman in NYT. Professors less, but more for school teachers.