15 Recession Proof Job Markets

15 Recession Proof Job Markets

The recession has led to massive layoffs and downsizing. But not every job field is in trouble. Some professions are expected to see faster than average employment growth over the next few years. Here are 15 job markets thought to be recession proof.

City development, key to economic prosperity

jacobs.html

But even better are the less read The Economy of Cities (1970) and Cities and the Wealth of Nations (1984), twin volumes which do nothing less than demolish and rebuild macroeconomics. Economics went wrong, she explains, with the work her titles allude to, Adam Smith’s The Wealth of Nations. Nations aren’t the proper unit of macroeconomic analysis; cities are.

Jacobs arrives at this conclusion by considering the stagflation of the 1970s– simultaneous high unemployment and high inflation, something that was not supposed to be possible under either left-wing (Keynesian) or right-wing (monetarist) economics. They were supposed to trade off. She points out that this condition– high prices and not enough work– is normal for backward regions; Western economists mistook the fitful but constant economic boom from Smith’s time on as a permanent condition.

About the wage productivity gap

t r u t h o u t | Dr. Ravi Batra: New Thinking on the Economy

The wage-productivity gap is the gap between the real wage and labor productivity. The real wage is the purchasing power of the average salary. If productivity rises fast and the real wage rises slowly, then a wage-productivity gap develops and grows.

50% Of Americans 2 Paychecks Away From Having Big Financial Problems

Emergency Funds: 50% Of Americans 2 Paychecks Away From Having Big Financial Problemos

US News reports that half of Americans are two paychecks away from hardship.
They quote this from a recent MetLife study to highlight the problem:”Without a steady paycheck, 50% of Americans say they could not meet their financial obligations for more than a month - and, of that, a disturbing 28% couldn’t support themselves for more than two weeks of unemployment.”

Unveiling the “Sixth Sense,” game-changing wearable tech

Pattie Maes demos the Sixth Sense | Video on TED.com

Talks Pattie Maes & Pranav Mistry: Unveiling the “Sixth Sense,” game-changing wearable tech

Money is debt documentary

Working women almost certainly caused the credit crunch - The Irish Times

Controversial but interesting viewpoint:

Working women almost certainly caused the credit crunch - The Irish Times - Wed, Feb 25, 2009

NEWTON’S OPTIC: THE ANSWER to all our problems is staring us in the face. It may even be quite literally staring at you, right now, across the breakfast table.

So put the paper down, stare back and ask yourself a selfless question.

Does the woman in your life really need a job?

What businesses did well in The Great Depression? | Trusted.MD Network

What businesses did well in The Great Depression? | Trusted.MD Network

According to statistics published some 20 years ago by Dr.Ravi Batra, the safest businesses and industries during the worst years of the Great Depression (1929-1933) were:

Repair shops
Educational services (A lot of young men that couldn’t find work borrowed money to go to trade schools and college.)
Healthcare services
Bicycle shops
Bus transportation
Gasoline service stations
Second hand stores
Legal services
Drug or proprietary stores

Spain: who is responsible for the property bubble? - Credit Writedowns

Spain: who is responsible for the property bubble? - Credit Writedowns

As recession takes hold, European citizens are starting to ask questions about how they were led into this, the deepest downturn in three-quarters of a century. The leading Spanish daily El Pais published a very thoughtful article today asking how things had unravelled so quickly and so spectacularly in Spain, previously one of the fastest growing economies in Europe.

The Crisis of Credit Visualized

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