#LatAm#WealthDebunked #Rich #Recession

Recession Proof Jobs

19 visualizações • 24 de jun. de 2021 • #WealthDebunked #Rich #Recession #Jobs #Education 📌 📌 📌 DESCRIPTION : 📌 📌 📌 A recession can be defined as a business cycle contraction when there is a general decline in economic activity. It typically lasts more than a few months, occurs after the economy reaches a peak of activity and ends as the economy reaches its trough. Its impact can be seen on employment, production, income, GDP and other aspects of life. ... During a recession, several businesses are forced to make drastic changes in order to better adjust with the downfall in the economy. Those changes include budget cuts, restructure of the business, reduction of the workforce, relocation, re-verification of balance sheets, etc. thus leading to more employees having to lose their jobs. ... Rather than waiting till the last minute to prepare for a recession, it’s important that you take the necessary steps towards protecting yourself and your family from the potential consequences of a recession. That include but isn’t limited to getting a second job, creating a business, investing into assets that generate passive income, changing industry, etc. ... Dear future entrepreneurs and moguls, here are 10 industries with jobs that are recession proof: 1. Education (Teachers/college professors): 2. Healthcare (Doctors/Nurses): 3. Government (Federal employees): 4. Public utility (Utility workers): 5. Finance (Actuaries): 6. Food (Production workers, Clerks): 7. Automotive (Mechanics, workers): 8. Death Care Industry (Funeral home director): 9. Accounting (Accountant): 10. Law (Lawyers, Paralegals, Reporters, Police officers): In conclusion, during a recession, several businesses are forced to make drastic changes in order to better adjust with the downfall in the economy. Those changes include budget cuts, restructure of the business, reduction of the workforce, relocation, re-verification of balance sheets, etc. thus leading to more employees having to lose their jobs. Rather than waiting till the last minute to prepare for a recession, it’s important that you take the necessary steps towards protecting yourself and your family from the potential consequences of a recession. That include but isn’t limited to getting a second job, creating a business, investing into assets that generate passive income, changing industry, etc.