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#YourCareer : 5 Recession Proof Jobs Revealed (And The List Might Surprise You). Great REad!

American families are struggling with inflation. As three-quarters of middle-income Americans struggle to support their cost of living, 78% are worried about losing their jobs, while 25% say they’ve been laid off or know someone who has been. Crippling recession and job uncertainty have forced Americans to act, with 40% actively planning a career change, seeking more security and a higher salary.

Today, the job market moves faster than a Tesla in a ludicrous mode, leaving many bystanders gasping for air,” according to Roman Peskin, co-founder and CEO of ELVTR, an online education platform.

The team at ELVTR surveyed 21,500 Americans looking to change or enhance their careers to discover the top five recession-proof professions, helping workers recession-proof their careers and add value to their job search.

Top 5 Recession-Proof Professions

Here are the top 5 professions that, according to ELVTR, are in high demand—each paying up to around $100,000 a year. This list might surprise you:

1. Product Management

In a world driven by technology, there’s no shortage of innovation or demand for talent in the IT sector, but companies aren’t just seeking technologists. They also require those with product management skills to ensure the success of their products. According to Glassdoor, there are 17,725 current openings in the product management field. IT product managers can expect a respectable salary and opportunities to progress. Offering a pathway into the lucrative tech industry that doesn’t require the ability to code. Average salary, Glassdoor: $96,496 per year

 

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What Skill Sets Do You have to be ‘Sharpened’ ?

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2. DEI (Diversity, Equity, and Inclusion) Management

According to LinkedIn, the number of ‘head of diversity’ professionals has more than doubled since 2015 with companies such as Electronic Arts, Deloitte and Amazon among those hiring. Shown to boost productivity, employee retention and morale, and with 75% of job seekers evaluating a company’s diversity when considering a job offer, investment in DEI management positions will only increase. By mastering skills such as communication, issue identification and conflict management, candidates can secure a career in this growing field. Besides offering a lucrative career choice, such roles are perfect for those hoping to leave a positive mark on our workplaces and society. Average salary, Glassdoor: $89,804 per year

3. Game Production

The gaming industry grew by 26% between 2019 and 2021 and will continue on this trajectory despite the recession, according to PwC, as consumers seek low-cost entertainment. With gaming a favorite hobby among young consumers, this ranks as the most desirable industry among job-seekers as new professionals seek a career doing what they love most. To beat the competition, candidates will need to master scarcely available skills. This is not just an opportunity for those with coding knowledge and experience. To meet demand, the industry will need to recruit a diverse range of skills—from UX/UI to sound engineering, programming to script writing. Average salary, Glassdoor: $87,024 per year

4. Creative Direction

With sector job prospects projected to grow 11% this decade, faster than the U.S. job market average, there is an evident need for art direction skills. A decline is unlikely despite the economic situation as people continue to seek entertainment during tough times and businesses increase their advertising efforts to maintain recognition and loyalty. Opposing the ‘starving artist’ stereotype, art direction roles enable creative types to showcase their creativity with the guarantee of reward. Average salary, Glassdoor: $72,694 per year

5. Data Analysis

With an ever-growing amount of data available to businesses, professionals with analysis skills to transform this into valuable insight are in high demand. According to LinkedIn, data science vacancies have been growing by 37% annually in the U.S. With roles spread across almost all industries, those competent in data analysis have the freedom to pick a role and sector that appeals to them such as banking, healthcare, retail or tech. Also requiring above-average computer literacy and mathematical skills, this is by no means an easy profession, but the rewards are equal to the requirements with even entry-level analysts commanding above-average salaries. Average salary, Glassdoor: $63,731 per year

A Final Word On The Future Of Work

After decades of wage stagnation, the workforce is finally seeking more, Peskin told me. He explained that close to a quarter of employees are considering their options and scrambling to expand their expertise, but so too are thousands of others. “‘Skills inflation’ hits, the supply of candidates increases, and the number of available roles plummets,” he said. “Ultimately, mastering mass market skills are unlikely to improve a job seeker’s prospects. Instead, employees should focus on acquiring skills that are less common among today’s workforce, yet no less valuable and desirable to employers.”

Most of the jobs from the list above didn’t exist 20 years ago, according to Peskin, yet today they enjoy a steady demand despite a slowdown in the economy. “According to our recent research, 40% of people with a college degree don’t believe their profession will be in demand ten years from now,” he concluded. “Lifetime learning is no longer a fancy concept but quite literally a survival mechanism. Learn new skills or get eaten. That’s the deal.”

 

Forbes.com | October 26, 2022 |

#CareerAdvice : What You Need to Know About the Future of the #Job Search . A #MustRead for All!

Searching for a new job and finding the right person for a role is undeniably a task within itself for job seekers and talent acquisition professionals alike.

From writing a compelling resume to nailing an interview and tracking candidates to securing an offer, there’s quite a deal of heavy lifting involved for all parties.

Even more, the advent of new technologies continues to redefine the job search landscape and talent industry. Every day, the ecosystem gradually evolves as candidate and employer demands continue to shift.

The future of the job search is still on the horizon, but a few things are for sure. People can expect trends like artificial intelligence, online personas and mobile applications to continue to transform our world.

AI: Enabling Productivity & Improving Recruiting Relationships

It would be amiss to not acknowledge the emergence of artificial intelligence in the hiring and job search space. Automation is already making waves today with chatbots, screenings, applicant tracking systems and intelligent interviews.

As employers continue to use machine learning to refine their recruitment process to find the perfect candidate, job seekers will have to rise to the challenge of adapting to emerging technologies. Candidates will have to become more comfortable with interacting with machines, from writing bot-friendly resumesto speaking to them throughout the hiring process.

While technology will enable efficiency within the hiring process by freeing up the time to complete mundane tasks, candidates and recruiters can also await more opportunities for face time and meaningful relationships.

“AI will never replace human recruiters in our industry, but it will enable recruiters to spend more ‘human’ time with candidates,” said Denis Edwards, Kforce Chief Information Officer.

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Candidates Are Treating the Job Search Like an Online Shopping Experience

Now more than ever, job seekers are treating the job search like a shopping experience, using an average of 16 to 18 sources when looking for a job. They’re doing their due diligence to make informed decisions with prospective employers. Even more so, candidates are increasingly becoming aware of an employer’s brand and reputation.

The job search of the future will continue to see this trend, with job hunters seeking out more content to learn about companies and their open positions. Peer review sites like Glassdoor and social media platforms will be used to gather an insider’s perspective within a company and how employees perceive an organization.

“Companies with a competitive advantage are sharing compelling content (not just posting jobs) that adds value — including why working at their organization is different than working at similar companies, which helps guide a candidate’s decision to apply or accept an offer,” said Allison Kruse, Kforce Director of Content & Social Media.

Online brand awareness and management will be critical for employers and recruiters who wish to attract active and passive candidates. For any organization looking to attract talent, the job seeker’s trust will be the ultimate goal.

On a similar note, branding and online reputation will be equally as important for candidates searching for a job.

Online Professional Branding Will Be King

Gone are the days of requested references validating your professionalism and skill sets being enough for prospective employers. We now live in a digital world where a job seeker’s online presence is just as important as the coveted resume.

There’s a growing desire among employers to experience candidates in 3D — on paper, in person and online. They’re Googling your name and will be for the foreseeable future. Candidates who want to land a job in the future will have to create the digital footprint employers want to see.

Job seekers should optimize their professional brand by showcasing commitment to their work, highlighting professional achievements, curating industry content and more.

“Your professional brand plays a pivotal role in your career. Regardless of if you are currently looking for a new job or not, it is important to strategically design and actively manage your digital persona,” Kruse said.

“Future Proof Jobs” & the Return of Job Security

In recent years, millennials entered the workforce and demanded job flexibility, career paths and stewardship. Currently entering the market is Gen Z — individuals born during the mid-‘90s to the early millennia. This generation now desires job stability in contrast to millennial job hopping.

Emerging workers will likely seek roles that are practical, staple and in high demand across various industries like health care, technology and finance. In turn, employers should prepare to offer training and development opportunities to foster career growth to attract future job seekers.

In fact, 7 out of 10 people say that training and development opportunities influence their decision to stay with a company.

“Managers must ensure that there is an investment strategy aligned to training and development priorities. This can come through resources such as enhanced learning management and enablement tools, data analytics, surveys and more,” said Ashley Ehlinger, Kforce Director of Training and Development.

The Only Apply Is Mobile Apply

With the onset of the digital age, mobile devices continue to rise in popularity. The trend has created a new phenomenon that’s only expected to grow — applying to jobs on the go.

Nearly 79 percent of millennials use their phones to apply to jobs, with Gen Xers trailing behind at 73 percent and Baby Boomers at 57.2 percent.

Mobile apply jobs allow job seekers to save time by conveniently and quickly applying to jobs within minutes on their highly-accessible smartphones. Free mobile apps like Dropbox and Google Drive are excellent choices for candidates to store their resume to apply on the go easily. Downloading job apps and creating profiles also assists candidates in making the job application process as easy as one click.

Ultimately, the convenience of mobile platforms should encourage employers, recruiters and candidates to think mobile-first and consider how they can use mobile platforms to improve efficiencies in the application and hiring process.

In the future to come, job seekers and hiring professionals can anticipate technology to continue to revolutionize the job hunt and improve productivity. From chatbots to online branding and more, it’ll be up to professionals to take advantage of emerging tools to continue to grow throughout the employment journey and stay ahead of the competition.

 

GlassDoor.com |  |