5 Careers that pay WELL even in a RECESSION

I found this article was interesting as it was the main concern for EVERYONE now. Due to a volatile stock market and highest unemployment rates in decades, we are require to act professional to secure our financial outlook.

So what's the secret to staying employed and well-paid during an economic downturn? Choose your profession wisely!

The article suggested that the following FIVE CAREERS may be listed in your consideration:

1. Engineer
The Profession:
The economic stimulus plan includes funds to rebuild roads,bridges and schools requiring civil engineers who can create plans and oversee these projects. A growing focus on increasing productivity is expected to lead to the creation of over 40,000 new jobs for industrial engineers, who specialise in finding the most effective ways to use the people, machines, materials and energy to create products.

The Secret:
Due to the highly technical nature of this occupation, a bachelor's degree in engineering is the standard requirement for most positions. Some colleges and universities offer five-year programs, granting graduates a master's degree in engineering, which can often increase earning potential.

The Payoff:
Starting salaries for civil and industrial engineers in 2007 were nearly $ 50,000 USD and average earnings in both occupations were close to $ 75,000!!!

2. Accountant

The Profession:
Given the recent financial scandals, its no wonder that 226,000 new accountants are expected to join the workforce between 2006 and 2016. The large infrastruture projects proposed by the stimulus plan should also provide employment for accountants.

The Secret:
The most common educational requirement of accountants is a four-year degree in business or accounting, often available online. Earn a license as a Certified Public Accountant (CPA) to add more employment options to your accounting career.

The Payoff:
While median earnings for accountants hover around $ 57,000 USD , the top quarter earned $75,000 USD, or more in 2007

3. Marketing and Sales Manager
The Profession:
With the rapidly changing face of technological innovations, opportunities for well-trained, technically-sawy marketing and sales managers are bright. The Bureau of Labor Statistics expects 57,000 new jobs for marketing and sales managers through 2016.

The Secret:
Applicants fir marketing and sales management position face stiff competition, but a bachelor's or master's degree in business administration or marketing can give you a leg up in your job search. Honing your computer skills can also add to your employability.

The Payoff:
Median salaries for sales managers are just under $95,000 USD, and most marketing managers pull in over $100,000 USD each year!!

4. Registered Nurse
The Profession:
Global aging population has created an unprecedented demand for registered nurses (RNs), in hospitals, schools and nursing care facilities. While the recession has reduced employement of nurses in some country, but the shortage still alert that RNs who are flexible should have no trouble finding a job.

The Secret:
A bachelor's of science degree in nursing (BSN) offers graduates the greatest potential for advancement, earnings and choice in employment options. If you don't want to invest four years in your career training, consider an associate's degree in nursing (ADN), which can be completed in as little as two years. Many RNs with ADN take advantage of RN-to-BSN programs to earn their bachelor's, often enjoying tuition reimbursement programs offered by some employers.

The Payoff:
Median earnings for registered nurses are just over $60,000 USD, but the top 25 percent of RNs make nearly $75,000 USD.

5. Computer Systems Analyst
The Profession:
As experts in the latest applications of technological advances, computer systems analysts help organisations choose the best technology for their needs and then incorporate it effectively into existing infrastruture. While many work in the computer systems design industry, computer systems analysts are also employed by the government, hospitals and financial institutions. Nearly 150,000 new jobs for computer systems analysts are expected from 2006 through 2016.

The Secret:
An online bachelor's degree in computer science or information science can help you get a job as a computer systems analyst. Training in information security can mek you even more attractive to employers

The Payoff:
Median salaries for computer systems analysts were just over $73,000 USD in 2007, but the highest-paid professionals in the field ranked in well over $100,000 USD.

WOW!!!
Isn't it cool working in such above industry? But, it's not likely this recession will be end in the near future. As we still need to readjust our budget and lifestyle with the changing economy.

GOOD LUCK EVERYONE!