With economic uncertainty dominating recent news cycles, the status of the employment market is often unstable. Amid this challenge and uncertainty, there are some sectors that are less likely to see layoffs during a recession. More specifically, There are few abilities that tend to be more in-demand, marketable, and transferrable than others. To prevent the anxiety of job instability in times of economic turbulence, you may want to add recession-proof tech skills to your CV! Let’s check out the tech skills to build a recession proof career.

Recent Recessions and Impact on Jobs

According to the Organization for Economic Co-operation and Development, the world's major economies have been slipping into recession as the global oil and inflation crises precipitated by Russia's assault on Ukraine have reduced growth by a greater amount than anticipated.

In light of the OECD's projection that global growth would drop to 2.2% in 2023 from 2.8% in June, Germany, Italy, and the United Kingdom will enter a protracted period of recession due to their reliance on costly gas for heavy industry and residential heating.

Read More: Youth unemployment rate in Bangladesh stands at 10.6pc: ILO

Such conditions in the world economy can fatally impact the global sector. Like the recession for the Russia and Ukraine war, the world also has seen recession for Covid-19 and its impact on jobs. From spring 2019 to spring 2020, the unemployment rate for young employees aged 16 to 24 climbed from 8.4% to 24.4%, while the unemployment rate for those aged 25 and older rose from 2.7% to 11.7%.

To stay productive even in a recession, you need to learn one or two skills that will serve you in such critical times.

Recession-Proof Job Industries and Relevant Tech Skills

Programming

Today the most in-demand tech skills include Golang, SQL, . NET. Java, Python, Ruby, PHP, and others in a short amount of time. Extensive understanding of a few different languages can open job opportunityies in the IT industry. Where you are looking for full-time, part-time or freelance coding jobs, there are immense scopes. The most popular programming jobs include, web development, software development, apps development, networking, etc.

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Programming courses and coding boot camps make it simple to pick up today's most in-demand programming languages, such as HTML, CSS, Javascript, etc.

Cyber Security Specialist

Business leaders continue to place a high premium on information technology security despite the fact that many organizations are preparing for the effects of a recession. According to the findings of a recruitment expert named Robert Half, the specialists in the cybersecurity industry have been ranked as the workers that businesses are most focused on employing in the year ahead.

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When looking to hire someone for a position in cyber security, businesses prioritize a number of qualities, including knowledge of cybersecurity across several platforms, an awareness of hacking, and abilities in computer forensics.

To develop career in Cyber Security you need to have several skills including Problem-Solving, Technical Aptitude, Security knowledge across Various Platforms, Communication Skills, Computer Forensics Skills, Understanding of Hacking, etc.

Cloud Computing

Cloud computing skills include knowledge of several sectors like database management, network management, programming, cloud security, machine learning, artificial intelligence, DevOps, APIs, etc.

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The cloud business is certainly recession-proof due to the high need for cloud-related professions, and putting money into digital skills is more crucial than ever. As the majority of work is performed in a cloud-based environment, massive investments in technology and adoption are on the rise, resulting in an abundance of employment openings.

Businesses are rapidly migrating to the cloud to modernize their infrastructures, improve system reliability, and support hybrid work patterns. The cloud is the next frontier of cloud computing, and cloud ubiquity will persist for a longer length of time.

Data Analyst or Scientist

Data positions continue to score well on LinkedIn's Jobs in Demand surveys, indicating that they are in great demand. It is anticipated that the data industry in Canada will experience a labor shortage over the next ten years.

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This indicates that there will be a greater number of job openings than there will be individuals to fill them, giving job seekers the opportunity to select the organization at which they would most like to be employed.

A recession does not lessen the need for data-driven positions; in fact, earning a profit might become more difficult for certain businesses amid economic instability, which is why many start looking to data-driven solutions during this time.

To develop career as a Data Analyst or Data Scientist you need to learn SQL, Statistical programming, Machine learning, Probability and statistics, Data management, Statistical visualization, Econometrics, etc.

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Digital Marketing

Because so many businesses, ranging from retail to healthcare, are moving their operations to online platforms, the need for employees with skills in digital marketing has remained continuously strong. On a CV, having skills in social media marketing, Google AdWords, SEO, and SEM are certain ways to get the attention of potential employers.

Digital Marketers also regularly contribute, inside companies, to the process of making decisions that are driven by data, which makes them vital members of any team. There are a variety of online venues, such as LinkedIn, Google Academy, and Coursera, that provide training in digital marketing.

Content Writing

Content writing jobs can be a lifesaver in a recession time. Newspapers and magazines never stop coming out even in a recession time. No websites or blogs remain blank. Rather they need more content to be written to inform people how to maintain life in that critical situation. Writers’ income may suffer the impact, but writers don’t go jobless.

Read More: How to Get Hired for Online Writing Jobs

To develop a career as a content writer you have to develop good writing skills in a certain language. Content writing skills also need internet research ability, power of imagination, editing skills, and proofreading skills. 

SEO

SEO stands for Search Engine Optimization. It is a digital skill valuable to anyone who wants to spread his or his business’ presence over the internet. An SEO expert has to manage different online media platforms to get traffic for a business. Even in a global calamity like a recession, businesses and people have to grow and that’s why SEO expertise will remain valid.

To develop a career as an SEO specialist you need to learn On-page SEO, SERP ranking, Off-page SEO, backlinking, etc. SEO jobs are available in diverse industries, including IT companies, e-commerce platforms, business organizations, online news portals, etc. Moreover, online outsourcing platforms are also a great source of finding SEO-related jobs.

Read More: Why is Local SEO Important for Small Businesses in Bangladesh?

Video Editing

Videos have become the most popular media for serving and consuming information nowadays. People spend hours on video-sharing sites like YouTube, TikTok, etc., and watch trendy content. With the rise of the popularity of videos, the necessity for video editors is also rising. And it’s not hard to perceive that video editing jobs will be available in any condition and at any time.

To edit videos you need to learn the application of video editing software. Some popular video editing software includes Adobe Premiere, Wondershare Filmora, CyberLink PowerDirector, Clipchamp, Apple iMovie, Magix Movie Studio, Corel VideoStudio, Nero Video.

Numerous free and paid online courses are available on the web to learn video editing. 

Read More: Video Editor Career Guide: How to Become an Expert in Video Editing 

Graphics Design

From designing a simple business card to 3D modeling, the scope for a graphic designer to work is limitless in this era. The design carries the core aesthetic value in everything, and with things going digital, graphic design has become a basic necessity in every sector. It’s been said by many that graphic design will be there as long as the earth spins.

To develop a career as a graphic designer you can start with popular software like Adobe Photoshop, Adobe Illustrator, Adobe Indesign, etc. Graphic designers can get diverse simple to advance jobs like logo design, web design, 3-D animation, etc.

Nowadays, many free or paid online graphic design courses are available on the web. Pick one and start learning from today!

Read More: Graphic Designer Salaries: How Much Can You Earn from Graphic Design?

Conclusion

As you begin 2023 with fresh aspirations and objectives, you might hope for the best while preparing for the worse. While the recession-proof occupations mentioned above offer high job security, the fact is that no job is completely recession-proof; yet, we may prepare for such worst-case circumstances. In unpredictable times, maintain a good attitude, cultivate flexibility and adaptability, and acquire new skills to safeguard your future.