- Investment banks including JP Morgan and Morgan Stanley have predicted that the COVID-19 outbreak will cause an economic contraction, potentially worsening to a recession.
- But not all jobs are at risk. ZipRecruiter labor economist Julia Pollak analyzed the jobs expected to grow during the next economic downturn.
- Jobs increased for healthcare professionals — like nurses, physical therapists, and personal care aides — during both the Great Recession of 2008 and the 2001 recession.
- Visit Business Insider's homepage for more stories.
The novel coronavirus outbreak poses a major threat to American workers — and it might spur a full-blown economic recession, too.
Analysts at Morgan Stanley, JP Morgan Chase, and Goldman Sachs have issued various forecasts assuming an economic contraction for at least part of the year. Already, 18% of US workers have lost jobs or hours due to the outbreak, according to the Los Angeles Times.
About 2.6 million US workers lost their jobs during the Great Recession of 2008, according to the US Labor Department. A recession is when a significant decline in economic activity — measured in GDP, spending, and employment — persists for more than a few months.
But even in a recession, the need for some jobs grows.
Julia Pollak, a labor economist for ZipRecruiter, conducted an analysis and predicted what jobs will increase during the next economic recession. For instance, she said many jobs in healthcare will likely increase, citing the aging population and wealthier populations that care about wellbeing.
"When people look at jobs, the two things that they care about most are pay and location," Pollak told Business Insider. "But I would say that they should really add a third, especially as the objective economic recession risk models all seemed to start ticking upwards."
"That means, especially for recent high school graduates or recent college graduates, perhaps recession-proofness should be front and center as they make a career choice," she added.
Here are 25 jobs that ZipRecruiter predicts will grow during the potential next economic recession.
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25. Massage therapists saw a 30.8% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 14,120
Employment increase during the 2001 Recession: 10.3%
Number of new jobs added during the 2001 Recession: 2,540
24. Physician assistants saw a 21.2% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 14,260
Employment increase during the 2001 Recession: 11.6%
Number of new jobs added during the 2001 Recession: 6,420
23. Mental health counselors saw a 15% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 14,330
Employment increase during the 2001 Recession: 23.2%
Number of new jobs added during the 2001 Recession: 15,250
22. Court, municipal, and license clerks saw a 13% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 14,430
Employment increase during the 2001 Recession: 1.4%
Number of new jobs added during the 2001 Recession: 1,380
21. Logisticians saw a 16% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 14,460
Employment increase during the 2001 Recession: N/A
Number of new jobs added during the 2001 Recession: N/A
20. Guidance counselors saw a 6.3% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 14,630
Employment increase during the 2001 Recession: 10.8%
Number of new jobs added during the 2001 Recession: 20,340
19. Pharmacists saw a 5.9% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 14,920
Employment increase during the 2001 Recession: 3.2%
Number of new jobs added during the 2001 Recession: 6,730
18. Cafeteria cooks saw a 4.1% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 15,250
Employment increase during the 2001 Recession: 0.6%
Number of new jobs added during the 2001 Recession: 2,610
17. Recreation workers saw a 5.5% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 15,360
Employment increase during the 2001 Recession: 9%
Number of new jobs added during the 2001 Recession: 22,210
16. Police and sheriff's patrol officers saw a 3% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 18,420
Employment increase during the 2001 Recession: 4.6%
Number of new jobs added during the 2001 Recession: 26,440
15. Physical therapists saw a 11.4% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 18,430
Employment increase during the 2001 Recession: 8.2%
Number of new jobs added during the 2001 Recession: 9,880
14. Coaches and scouts saw an 11.4% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 18,870
Employment increase during the 2001 Recession: 28.6%
Number of new jobs added during the 2001 Recession: 19,500
13. Paramedics saw a 10.2% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 20,560
Employment increase during the 2001 Recession: 8%
Number of new jobs added during the 2001 Recession: 13,170
12. Restaurant cooks saw a 2.5% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 22,320
Employment increase during the 2001 Recession: 11.4%
Number of new jobs added during the 2001 Recession: 73,460
11. Health-specialist teachers saw a 26.9% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 30,710
Employment increase during the 2001 Recession: 9%
Number of new jobs added during the 2001 Recession: 7,090
10. Pharmacy technicians saw a 10.5% increase in job growth during the Great Recession.
Number of new jobs added during the Great Recession: 31,550
Employment increase during the 2001 Recession: 8.6%
Number of new jobs added during the 2001 Recession: 16,440
9. Childcare workers saw a 6% increase in job growth during the Great Recession.
Number of new jobs added during the Great Recession: 34,600
Employment increase during the 2001 Recession: 14.6%
Number of new jobs added during the 2001 Recession: 58,170
8. Management analysts saw a 7.3% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 36,670
Employment increase during the 2001 Recession: 9.8%
Number of new jobs added during the 2001 Recession: 35,060
7. Social and human service assistants saw a 13% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 41,120
Employment increase during the 2001 Recession: 11.7%
Number of new jobs added during the 2001 Recession: 30,500
6. Nursing aides/attendants saw a 4.4% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 60,830
Employment increase during the 2001 Recession: 4.4%
Number of new jobs added during the 2001 Recession: 55,850
5. Medical secretaries saw a 16.5% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 69,980
Employment increase during the 2001 Recession: 18.7%
Number of new jobs added during the 2001 Recession: 53,050
4. Medical assistants saw a 20.4% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 88,720
Employment increase during the 2001 Recession: 9.4%
Number of new jobs added during the 2001 Recession: 31,130
3. Personal care aides saw a 15.2% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 90,680
Employment increase during the 2001 Recession: 21.5%
Number of new jobs added during the 2001 Recession: 79,760
2. Home health aides saw a 17.8% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 148,260
Employment increase during the 2001 Recession: 1.5%
Number of new jobs added during the 2001 Recession: 8,550
1. Registered nurses saw a 7.6% increase in jobs during the Great Recession.
Number of new jobs added during the Great Recession: 186,680
Employment increase during the 2001 Recession: 2.3%
Number of new jobs added during the 2001 Recession: 49,860
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