Monday, December 15, 2008

Recession proof life

Economic Times says every 10 second takes off a job. Everyone is hoping for the best but facts couldn't elude the worse. There are myriad articles in the web about the recession and the ways to face them. This one talks about the ways to manage recession. And this one tries to list jobs that are secure in recession, which i briefed below.

* Healthcare : Whatever happens, people need medical care.
* Pharmacy : And then they need medicines.
* Education : Whatever happens, everyone needs to spend for education.
* Entertainment : Recession leads to stress which then leads to entertainment.
* Energy : Fule, Gas kind of items never unsold due to recession.
* Telecom : People don't stop talking in recession.
* FMCG (Fast moving consumer goods) : Soaps, Tooth pastes are all time essentials.
* Insurance : Needed all time.
* Law and Enforcement : Recession leads to crimes, which makes the law and related jobs recession proof.
* Government Jobs : No job or pay cuts like non-government jobs.

As far as I can think of Entertainment, as listed as recession-proof, may not be valid. This is for the reason that even in stress, one can still entertain him / her self from the past investments. For example, If I'm a music lover, I would rather listen to my existing collection of songs instead of buying a new CD. If I'm a movie lover, I can entertain myself with the collection of movies I have at home or from the movies in TV which don't come with any entertainment cost.

As far as I think, there is one other big career missed out by the Economic times. Its nothing but its own business, Media. I feel, for whatever happens, the world wants to know what is it. So whoever brings in the news, survives all times.

Beyond everything, I feel, one who works with complete involvement and strives for excellence will never face a recession. If that one loses a job, will be able to create one instead of seeking another. The real challenge, as one grows in his career, would be to grow in such a way to create jobs instead of searching for it till the end.

1 comment:

Jasmine said...

Really good .The last two sentences attracted me.-Jasmine