The 10 Best Recession-Proof Jobs for 2023

Despite the imminent risk of recessionnot all jobs are vulnerable to a possible slowdown, according to a new report from Payscale.

Although the technology industry layoffs exploded this year, for example, jobs in business services, health care, food services, recreation and entertainment are expected to rise in 2023, the compensation research firm found. Here is a list of 10 jobs that Payscale expects to thrive next year even if the economy crashes.

Waiter

Waiters and other food servers were laid off en masse during the coronavirus pandemic as restaurants closed. Many of those employees have not returned to catering positions, creating huge labor demand in the industry, Payscale said. Server salaries increased 30% in 2022 to a median of $19,900, excluding tips.

Private banker

A growing number of wealthy Americans will turn to private bankers for advice on how to protect their money from stubbornly high inflation and continued stock market volatility, Payscale said. The big banks, which have reduced their ranks of investment bankers and mortgage workers, are recruiting private bankers in droves. The median annual salary for private bankers jumped 25% this year to $93,000.

Media director

The job market for media managers — the people who run ad campaigns — is competitive, and even more companies will be looking to hire them next year. Salaries for media executives in 2022 rose 23% to a median of $108,000.

emergency dispatcher

Dispatching police, firefighters and paramedics to emergencies has become increasingly stressful work, Payscale said. As a result, local governments have increased salaries to attract more candidates for these positions. The median annual salary for emergency dispatchers increased 19% this year to $44,500.

Sales Advisor

Sales advisors are responsible for initiating product promotions, an even more crucial function for businesses in an economy where inflation has undermined consumer purchasing power. Salaries for sales consultants have climbed 18% this year to a median of $56,800, Payscale found.

Microbiologist

Not surprisingly, microbiologists have found many more job opportunities during the pandemic, especially those studying viruses and helping develop vaccines, Payscale said. Laboratories and pharmaceutical companies will continue to seek more of these workers in the coming months. The median salary for microbiologists in 2022 increased 16% to $59,000.

Marketing and Business Development Director

These employees are responsible for finding new customers, a role that will be increasingly important for businesses in 2023, Payscale said. The median annual salary for marketing/business development roles has increased 16% this year to $119,000.

Docker

Dockworkers often operate in dangerous and unpleasant conditions, but US ports could not function without them. And those employees, who load and unload cargo from ships, will play a vital role in keeping the global supply chain running smoothly, Payscale said. Dockworker wages have risen 15% this year to a median of $41,100.

Electrocardiogram (ECG) Technician

EKG technicians operate the machines that monitor electrical activity in someone’s heart. Payscale noted that EKG roles are expected to increase 22% by 2024, citing data from the US Department of Labor. Salaries for EKG technicians in 2022 increased 15% to a median of $40,400.

installation technician

Working as an installation technician — someone who hooks up electronic systems or equipment in homes and businesses — can be a solid career path for Americans without a college degree, Payscale said. The median annual salary for these roles has increased 15% this year to $41,100.

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