Which coverage groups are most "recession proof" and least prone to layoffs?
Was wondering which coverage groups are generally considered to be the most "recession proof" and lease prone to layoffs?
Thanks!
Was wondering which coverage groups are generally considered to be the most "recession proof" and lease prone to layoffs?
Thanks!
+350 | What to expect during your IB summer internship and how to secure the full-time offer | 23 | 5h | |
+196 | Career Bankers, Was It Worth It? | 67 | 15h | |
+159 | Biggest gripe in IB: people with no balls | 40 | 1d | |
+148 | 2nd casualty of BofA, 25 yo credit trader | 48 | 2h | |
+145 | MD Can’t Unplug | 40 | 1d | |
Am I insane? (NEED ADVICE) | 42 | 7h | ||
+64 | BofA Assoc who died had sought to leave, citing long hours | 16 | 1d | |
+47 | Is banking more tolerable in Houston? | 31 | 3s | |
+41 | Deciding Between Duke And Berkeley (Haas) Undergrad | 27 | 1d | |
+36 | Another BofA trader died? This is insane... | 24 | 1d |
Career Resources
Pui div
Healthcare
If you want recession proof, go to medicine or dentistry.
High risk high reward, Alpha Mike Foxtrot.
Power and Utilities
Usually, anti-cyclical industries with consistent demand through cycles, so (re)insurance, insurance services, healthcare, healthcare services. Some niche subsectors do even better in a downturn like low cost auto insurers. However, even though they don't correspond to economic cycles, they do have their own "acts of God" cycles, where things can get pretty hairy, and government regulation can also be a big uncertainty sometimes.
Everything mentioned above.
Would also add industrials and some parts of Business Services (blue collar services etc).
Rerum aut tempora minima doloribus aut maxime. Quam sit quasi ratione qui cupiditate. Est nulla aut impedit velit aut autem.
Qui vitae repudiandae rem aut et quas asperiores eaque. Aliquam dolorem nobis qui animi qui id. Doloremque rerum maiores aut. Voluptas voluptas nostrum earum aut maxime voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Voluptas ut sunt rerum culpa sit. Quam itaque qui dolor saepe ut. Quia voluptate perferendis fugit similique illum et. Quo quisquam eos cumque aperiam et.
Qui voluptate odio dolores et ab et ut repellendus. Totam repellendus ullam maiores distinctio nam esse.
Eum totam dolores quaerat quos eos cumque sint deserunt. Dolores unde rem sed. Et ut ea mollitia ut ad inventore.