Jobs for Top Professionals Endure Through the Recession
July 15, 2008
Sales reps stand out, seeing the greatest demand for employment
By Jonathan Tannenbaum
Even during an economic downturn, it pays to have the right credentials. Companies always look for high-level people, since they need employees who will fulfill essential tasks. Jobfox, an online job finder, highlights the stability of these professions in a new study, identifying sales representatives as the people least affected by today’s poor job market.
The study entitled, "Jobfox Top 20 Most Recession-Proof Professions," presents the job fields that most consistently witnessed high employment in the period ranging from November 2007 through July 2008. For each month, Jobfox analyzed over 4,000 job postings on its site, noting which professions showed the greatest popularity. "Sales representative/business development" stands at the top of the list, followed by "software design/development," nursing, and accounting, in that order.
Barry Lawrence, public relations director of Jobfox, attributes the large demand for these particular professions in part to a wider phenomenon – job opportunities created by retirement. "It has to do with the aging Baby Boomers," he says. "There are about 76 million Baby Boomers retiring over the next decade or two." Left with a vacuum, certain companies simply need to fill space, says Lawrence.
Individually, these job areas present a host of special conditions that account for their popularity. Competent sales reps experience high demand, as companies compete for revenue and market share. Respectively, the market for nurses remains strong as a consequence of many people going into retirement. Software developers undoubtedly stand in the best position of all, given the pace at which their industry is expected to grow in the future.
The research also highlights the constant desire for skilled, well-educated members of the work force. According to the Labor Department, the unemployment rate for people with at least a bachelor’s degree came in at just over 2% in June. This low number draws a striking contrast with that of less educated workers, whose job prospects are much more susceptible to variations in the economy.
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