Medical administrators, data security specialists, college faculty, product managers and human resource generalists are new among Jobfox top 25 most recession-proof jobs. Unemployment rate for professionals with college degrees remains manageable at 3.1 percent.
The Jobfox Top 25 Most Recession-Proof U.S. Job Candidates October 2008 report, released this week, reveals many changes in employers’ hiring priorities. The rankings provide the first detailed look at the most recession-proof jobs following continued stock market plunges, the announcements of federal investment banking bailout plans and general consensus among companies and consumers that the economy is in a full-blown recession.
The rankings reflect the jobs – classified by specific professions – that are in greatest demand by employers and recruiters who use Jobfox to search for and find new or replacement workers. The Jobfox Top 25 recession-proof jobs rankings are based on employer job postings that were initiated – and remain open – over a 120-day period ending October 28, 2008.
Top job trends, based on the October Jobfox rankings:
• The Top 5 jobs: No. 1 Sales Representative/Business Development, No. 2 Account/Customer Support, No. 3 Accounting Staff, No. 4 Counseling/Social Work and No. 5 Software Design/Development.
• Five new professions made the Top 25: No. 18 Medical Administrative Services, No. 20 IT Security, No. 22 Higher Education (Faculty), No. 23 Product Management and No. 25 Human Resource Generalist.
• Jobs falling out of the Top 25: Database Administration, Advertising (Online and Offline), Testing/Quality Assurance, Business Analysis (Research) and Business Analysis (Software Implementation).
• Professions with the biggest moves up the Top 25: Technology Executive (up eight spots to No. 16) and Counseling/Social Work (up seven spots to No. 4).
• Biggest downward movers: Mechanical Engineering (down nine spots to No. 9) and Electrical Engineering (down four spots to No. 14).
“Skilled professionals remain in demand despite the economic downturn,” said Rob McGovern, CEO of Jobox, the fastest-growing career site on the Internet. “While the unemployment rate rose to 6.5 percent in October, the unemployment rate for professionals with college degrees remains manageable at 3.1 percent.”
The Jobfox Top 25 Most Recession-Proof U.S. Job Candidates October 2008 rankings were derived from a stratified random sample of more than 4,000 U.S. job openings from the Jobfox database during a 120-day period ending October 28, 2008. The report also includes information about current median salary ranges and desired median salary ranges as defined by a random sample of Jobfox candidates. Salary data was derived from more than 100,000 Jobfox candidate profiles that were matched to specific professions.