Morning Money Matters: Hot jobs in a recession

December 9, 2008; News 12 This Morning

It seems like every single day, you hear about another company filing for bankruptcy or laying people off, but even in these tough times, some industries are adding jobs.

Here's a number that might be a little hard for you to swallow with your morning coffee.

So far this year, the Department of Labor estimates 1.9 million people have lost their jobs. 1.9 million! To give you an idea of how many people that is, take everyone who lives in Augusta-Richmond County and multiply it by nine.

Yikes.

In all this mess, though, there are some industries that are still hiring, like education. The idea here is that the more people get laid off, the more competitive the jobs are. That means people go back for additional training or degrees. It's already happening. Last month alone, the labor department guesses almost 10,000 additional jobs in education were created.

Health service jobs are also popular. The Baby Boomers are getting older, and with that comes the need for careers in medicine. Across the country, thousands of medical jobs open every month.

Accounting is also a good career move in this economy. Companies everywhere are trying to cut costs and do more with less. Lots of jobs are available to number-crunchers anyway, but you find even more open in a recession.


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