Healthcare work is more secure, as it's less affected by changes to the job market.
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The job market is looking brighter, but some places are a better bet if you're looking for stability than others.It's especially tough if you're looking for work in the tech- and media-heavy information sector. Major tech companies have laid off workers due to AI and automation.
Other sectors offer better career security or are more resilient to economic cycles. That includes many healthcare roles. "It doesn't matter how the economy is doing. We will always need doctors. We always need nurses," Loujaina Abdelwahed, the head of economic research at Revelio Labs, said.Below are some of the more and less secure kinds of work.More secure: HealthcareThe healthcare sector has typically been adding jobs each month, making up about 20% of overall net job growth in May. Daniel Zhao, the chief economist at Glassdoor, said turnover can be pretty high in healthcare, but so is worker demand, making it easier to get a new job compared to in some other sectors.Based on Bureau of Labor Statistics employment projections, several healthcare occupations are projected to increase a lot from 2024 to 2034. Home health and personal care aides and registered nurses are projected to experience robust demand to help care for the aging population. BLS projected large job growth in medical and health services managers, as more healthcare demand means more people are needed to oversee work.New college graduates will likely have an easier time navigating the job market if they're on a more rigid path, like the requirements and schooling for doctors, nurses, or teachers.
