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Professions where recession wouldn’t impact

Posted on 8/20/19 at 4:37 pm
Posted by LSUbase13
Mt. Pleasant, SC
Member since Mar 2008
15060 posts
Posted on 8/20/19 at 4:37 pm
Just out of curiosity, what are some professions where a recession wouldn’t have that great of an impact. I view a recession, as I’m sure all of you do, as having a broad, sweeping impact. Which jobs would be least impacted?

-Public school teachers? Kids are still going to go to school, right?

-Doctors and nurses (more so Emergency room)? People will really take advantage of these services

-Accountants? Obviously, you’ll still have to file taxes. A portion will take a hit as most opt out to file their own taxes, but most people (businesses) will stay have their CPA file.

Agree/Disagree? Feel free to add more.
Posted by Thib-a-doe Tiger
Member since Nov 2012
36534 posts
Posted on 8/20/19 at 4:38 pm to
Hookers
Drug dealers
Funeral homes
Police, Fire, etc
Posted by Breauxsif
Member since May 2012
22291 posts
Posted on 8/20/19 at 4:42 pm to
Cyber security
Posted by castorinho
13623 posts
Member since Nov 2010
86110 posts
Posted on 8/20/19 at 4:56 pm to
quote:

Hookers
Drug dealers
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
464987 posts
Posted on 8/20/19 at 5:03 pm to
cops
bankruptcy attorneys
collections agencies
Posted by stout
Porte du Lafitte
Member since Sep 2006
179094 posts
Posted on 8/20/19 at 5:24 pm to
quote:

collections agencies


I still need to buy some debt portfolios to collect on while the economy is good.

I will add that my business is recession-proof and will actually thrive the worst things get though I am busy no matter what happens.
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 8/20/19 at 5:29 pm to
At first I thought pastors/ministers, but I’d imagine church income takes a pretty good hit when things are really bad.

Anyone ever heard of a pastor getting having to be let go??

Never considered it. I’d imagine a good one (genuine one) would continue working without pay if able.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 8/20/19 at 6:13 pm to
Criminal law, divorce/family law
Posted by Hankg
Member since Feb 2011
638 posts
Posted on 8/20/19 at 6:27 pm to
Hairdressers
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 8/20/19 at 6:34 pm to
Games show hosts, news anchors, weathermen, and ancient alien theorists.
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 8/20/19 at 6:45 pm to
Mortician
Posted by Waveed
In a barrel of oil
Member since Jan 2018
40 posts
Posted on 8/20/19 at 7:05 pm to
physical commodity trade shops
Posted by Breadcrumbs
Baton Rouge
Member since May 2005
3016 posts
Posted on 8/20/19 at 7:14 pm to
Everyone has teeth that need cleaning.

Everyone needs insurance.

Plumbing too.

Posted by Kaybaby82
Member since Jun 2019
625 posts
Posted on 8/20/19 at 7:23 pm to
Pipeline, there’s no end in sight. They will continue to be built no matter the economy.
This post was edited on 8/20/19 at 7:25 pm
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7567 posts
Posted on 8/20/19 at 8:53 pm to
I know first hand that pest control does better in a down economy.
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 8/21/19 at 7:18 am to
I’m in the alcohol industry. And we didn’t get hit too bad last time. It’s fairly recession proof.
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
2140 posts
Posted on 8/21/19 at 7:46 am to
Slum lord. There will always someone who wants to live in the cheapest house.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 8/21/19 at 7:50 am to
quote:

-Accountants? Obviously, you’ll still have to file taxes. A portion will take a hit as most opt out to file their own taxes, but most people (businesses) will stay have their CPA file


Nope. If the firm has a lot of small business clients, they'll feel the impact. I know a couple of guys that got laid off from CPA firms during the last recession due to loss of business.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 8/21/19 at 8:40 am to
active duty
Posted by notsince98
KC, MO
Member since Oct 2012
21278 posts
Posted on 8/21/19 at 8:50 am to
Electrical Engineering.
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