As possible recession looms, these fields have best job security: report

(NEXSTAR) – Job security may not be what draws you to a career – it’s hard to imagine a child dreaming of becoming a “database manager” when they grow up – but amid the economic crisis, it can be a great combination. .

US News & World Report released its 2023 jobs report, which includes what job analysts believe will be the most stable in what could be a tough economic year. To determine which jobs have the most security, the researchers looked at unemployment rates, future job prospects, growth and employer satisfaction.

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Not every job on the list requires an advanced (and expensive) college degree. Some jobs, such as respiratory assistants, only require an associate’s degree.

Several career paths in healthcare have been deemed particularly safe by analysis by US News & World Report. The stress of the COVID-19 pandemic has worsened the shortage of nurses and health workers. A study published in the journal Health Affairs reported that more than 100,000 nurses will leave the profession in 2021. This number represents about 2% of nurses nationwide.

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Medical services are not only safe, but also well paid. According to the report, a medical and health services manager has a median salary of about $101,000. The highest paying job on this list is orthodontist, with a median salary of over $200,000.

Check out the 20 most secure jobs in 2023, according to US News & World Report, below:

Job Average salary Education Required
Breathing assistant $61,830 Associate degree
A web developer $77,030 first degree
A cardiologist $60,570 Associate degree
Epidemiologist/medical scientist $78,830 Master’s degree
Financial expert $81,730 first degree
An environmental and security expert $47,370 Associate degree
School psychologist $78,780 Master’s degree
Database manager $96,710 first degree
Registered nurse $77,600 first degree
Medical and health services manager $101,340 first degree
Property manager $34,430 There is none
A veterinarian $100,370 Doctoral or professional degree
Medical record specialist $46,660 Postsecondary non-degree award
Physical therapy $95,620 Doctoral or professional degree
Information security specialist $102,600 first degree
Orthodontist $208,000 Doctoral or professional degree
Medical assistant $121,530 Master’s degree
A dentist $160,370 Doctoral or professional degree
A programmer $120,730 first degree
Nurse practitioner $120,680 Master’s degree

Although rising inflation, lower consumer spending and higher interest rates have economists predicting a recession in 2023, the labor market remains strong. In addition, inflation has started to show signs.

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That raises the prospect that the Fed could create the often elusive “soft landing,” where the economy slows but doesn’t reverse and the unemployment rate rises slightly but remains low. It would still mean painful times for many people. But it will not lead to the widespread unemployment that comes with a recession.

The Associated Press contributed to this report.

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