It’s not something individuals want to add to their list of adventures, whether the economy is now in a recession or one is on the horizon. 

When the term “recession” is used, it is frequently followed by phrases like “layoffs,” “furloughs,” and “job loss”, not to forget the panic and anxiety. So, how do you retain your position when there are rumors of layoffs? Is your job “safe” in the event of a collapse in the economy?

While job longevity is never promised, there are measures you can undertake to recession-proof your employment and add downturn job skills to your armory.

How To Recession-Proof Your Career?

1. Think Entrepreneurship

It is times like recession that force you to think outside the box. To gain an advantage, look outside standard education. Employers are looking for supplementary projects and programs that demonstrate an entrepreneurial spirit.

2. Master Your Soft Skills

It’s often claimed that technical prowess and expertise account for only 15% of your professional growth. The remaining 85% of your productivity is determined by your soft skills. Non-technical skills that pertain to how you operate are known as soft skills. This involves, among other things, your interpersonal, communication, and social skills.

Your soft skills will make you stand out. Communication, negotiating, leadership, innovative thinking, organizational skills, efficiency, self-motivation, and networking are all critical, soft skills.

3. Practice Your Tech Skills

Apart from the market, technological innovations are the most important determinant of future employment. Keep up with new technologies, especially as they are implemented in your profession. Utilize opportunities to gain new technology skills from students, coworkers, and internet resources.

4. Acceptance and Patience

Lack of certainty does not bring much reassurance, as the current crisis demonstrates. However, when new technology and economic growth emerge, work prospects are likely to change unexpectedly. So be patient and continue to do the good work. You will reap the rewards of your efforts in the future.

5. Networking

It’s not a good strategy to wait until you’re jobless before you commence networking. Professionals should rather be constantly developing new connections and preserving old ones. 

Networking will speed up the job search, but it will also serve as a stepping stone for those considering a complete career change amid difficult economic circumstances.

6. Sell Yourself Hard

The job market is cutthroat. How do you distinguish yourself and demonstrate your worth to a company in a crowd of individuals with the same hard abilities as you? Developing a solid brand presence might be beneficial.

Create a professional brand as soon as possible; by doing so, you will have an edge in the future if you are laid off. In addition, you want everyone in your large network of connections to know who you are, your capabilities, and how you differ from others in comparable positions.

Conclusion

Recessions are similar to car wrecks. We buy insurance simply if we get into a car accident; we don’t know what caused it or how serious it will be, but we pray for the best.

The more time you have to plan for a downturn in the economy, the less time you’ll be out of work. While there is no such thing as a recession-proof job, you may considerably boost your safety during a downturn by adopting these safeguards.