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» How many of your jobs are "Recession Proof"?
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post 1665323213 07-31-2022, 09:15 PM
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How many of your jobs are "Recession Proof"?

And what will you be doing to combat the potential issues if your job isnt recession proof? Learning new skills now? Got a side hustle? Etc.

I remember in late 00's chit was tough out there for people. Some of y'all were old enough to see your parents have to suffer through getting laid off or whatever. So I know y'all gotta be thinking of the same
post 1665323333 07-31-2022, 09:18 PM
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I'm a rope salesman.


I'll be good.
post 1665323413 07-31-2022, 09:20 PM
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  1. jackamo2887
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I am an astronaut wrangler. And in Joe Bidens America, business is a boomin'.

I love a good recession. I keep getting my raises and all the stonks are on sale.
Survival. When the jungle tears itself down and builds itself into something new. Guys like you and me, we end up dead. Doesn’t really mean anything. Or, if we happen to live through it, well that doesn’t mean anything either.
post 1665323453 07-31-2022, 09:21 PM
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Utility worker... job's not going anywhere. But I am going back to school in my spare time simply because I want to finish what I started a long time ago.
post 1665323463 07-31-2022, 09:21 PM
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I work in healthcare and the company I work for is understaffed so I think I'll be fine. If not I can always go somewhere else.
post 1665323493 07-31-2022, 09:22 PM
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  1. mikebadg3
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i own my own 160 qt North Bend Kettle cooker. so as long as farmers markets, fairs, festivals and large events are happening I will be good to go

https://www.northbendoriginals.com/k...ment-package-1

post 1665323543 07-31-2022, 09:23 PM
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meh not really. recession is mild. absolutely nothing like 08. just stay the course, it will all be fine.
post 1665323913 07-31-2022, 09:30 PM
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I sure hope so. We are understaffed so that helps.
post 1665323983 07-31-2022, 09:31 PM
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  1. DTRrex
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I happen to be high up in an industry that is getting HAMMERED right now. It's part of the reason I left a major company and joined a smaller one recently... there's just one of me and my skill set now so hopefully it creates job security.

End of the day though... my industry is hurting, but my "job" is in high demand and I have great experience. Hopefully wouldn't take long to find another executive high paying job.

Worst, worst case - while I am the bread winner, my girl makes low 6 figs in a government job she couldn't lose if she tried, and we have savings and investments.

But it's definitely on my mind. My company and my industry are down like never before and I'm starting to look at contingency plans.
post 1665324483 07-31-2022, 09:44 PM
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  1. Jaydawg08
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Originally Posted By DTRrex
I happen to be high up in an industry that is getting HAMMERED right now. It's part of the reason I left a major company and joined a smaller one recently... there's just one of me and my skill set now so hopefully it creates job security.

End of the day though... my industry is hurting, but my "job" is in high demand and I have great experience. Hopefully wouldn't take long to find another executive high paying job.

Worst, worst case - while I am the bread winner, my girl makes low 6 figs in a government job she couldn't lose if she tried, and we have savings and investments.

But it's definitely on my mind. My company and my industry are down like never before and I'm starting to look at contingency plans.
Good for you for looking around at other options and worst case scenarios.. nothing worse than someone who deludes themselves into thinking "it'll never happen to me".

What industry do you work in?
post 1665324633 07-31-2022, 09:48 PM
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Currently at a company where I bring a lot of value so don’t think I’ll get laid off, but I am looking to job hop which is a bit risky.

Going to build up my savings to give myself 2-3 months of living expenses. I’ve realized now that the job market has definitely cooled off which sucks.

Been with this company a year and hate it so much.
post 1665325263 07-31-2022, 10:08 PM
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I work in Energy/Electric Utilities, so think I'll be okay.
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post 1665325333 07-31-2022, 10:09 PM
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Healthcare, so i'm fine.
post 1665325393 07-31-2022, 10:11 PM
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post 1665325443 07-31-2022, 10:12 PM
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Skilled tradie crew


Unless folks get to broke to afford ac/lights/water we're good.
post 1665326463 07-31-2022, 10:38 PM
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Professional banana bender

No matter how bad things have gotten in the past nobody wants to eat straight bananas
post 1665326593 07-31-2022, 10:41 PM
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Originally Posted By Jaydawg08
And what will you be doing to combat the potential issues if your job isnt recession proof? Learning new skills now? Got a side hustle? Etc.

I remember in late 00's chit was tough out there for people. Some of y'all were old enough to see your parents have to suffer through getting laid off or whatever. So I know y'all gotta be thinking of the same
I'm a king in my industry. I can't be touched. I'm invincible.
post 1665327313 07-31-2022, 10:57 PM
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Originally Posted By Jaydawg08
Good for you for looking around at other options and worst case scenarios.. nothing worse than someone who deludes themselves into thinking "it'll never happen to me".

What industry do you work in?
I've worked in a handful of industries in finance and strategy. Currently a finance exec. Rather not say my current industry as it's a small world (in general and in the industry) and like to remain anonymous here.

Let's just say stock prices and valuations of these public companies have fallen like 300% over the last 3 years and it's not going to get better anytime soon.

I have finance experience in other industries and should be able to find another job pretty easily, but this industry was supposed to be a golden ticket to early retirement for those of us with stock options.... and it's very much not that right now. We all got punched in the d!ck. But we knew the risks. There's still a lot of upside years down the road.

But it's definitely a little depressing when 3 years ago inwas planning to retire by 40/45. 3 years later the stock options I was going to retire on are nearly worthless. And I had to front nearly 100k of my own money just to get access to the options.
post 1665328013 07-31-2022, 11:19 PM
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Honestly, people that are the top of their fields are the safest.
post 1665328083 07-31-2022, 11:22 PM
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you voted for this chit.
post 1665328103 07-31-2022, 11:22 PM
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jakes on you guise I make minimum wage so I can only go up from here
Cope first, cope hard, no realtea
post 1665328333 07-31-2022, 11:29 PM
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im not gonna lie, im worried my shyt will be automated
pls do not associate my personalities in misc and sports misc
post 1665328393 07-31-2022, 11:31 PM
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It survived the 08 GFC.
So I would say it's pretty recession proof.
"Australia is a bi country" - Samuel Whitcombe Hyde
post 1665328423 07-31-2022, 11:32 PM
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Originally Posted By r32gojirra
Professional banana bender

No matter how bad things have gotten in the past nobody wants to eat straight bananas
They sell banana protectors/cases on Amazon. Some straight, some bent.
Maybe get in touch with the sellers and offer to go into a partnership.
"Australia is a bi country" - Samuel Whitcombe Hyde
post 1665328713 07-31-2022, 11:47 PM
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Originally Posted By Jaydawg08
Got a side hustle?
I paid off my mortgage with a pickup truck, a cheap dolly and muscle. Live near a college town and they're always moving, I could make more in 2-3 hours after work than I did during a day of work. I did have moving experience from summer jobs so I knew what I was doing, but overall I loved it.

I'm married but I maybe had 20 times where I coulda been paid/tipped with sex, Asians especially loved me throwing their "heavy" chit on my shoulder and carrying it down 2 flights to my truck.
Don't put that on me Ricky Bobby, don't you ever put that on me.
post 1665328913 07-31-2022, 11:54 PM
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post 1665329253 08-01-2022, 12:02 AM
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Liquor stores are going to be booming, people love to drink more when there is a recession..
post 1665330003 08-01-2022, 12:24 AM
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i got my onlyfans account, i'll be okay
post 1665330423 08-01-2022, 12:42 AM
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Weapons, so far so good. Hit a small bottle neck because of transport issues and permits taking slightly longer to get done (not on the US side). Nothing major though and money is still rolling in. I think there will always be money to be made in this game, just need to be adapt to changes.
post 1665330453 08-01-2022, 12:45 AM
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#30
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My industry is solid... semiconductors aren't going anywhere, and it's a mega overhead business that doesn't really save money by cutting engineers. It's going to take 1000 employees to design and test that new CPU, whether you sell 1 million CPUs or 10 million. The joke in industry is that the first chip off the line costs a billion dollars, the second one costs 50 cents.

That being said, I work at a super layoff happy company that has never had a problem firing people during any business downturn.
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