Even though the unemployment rate is down and the economy is again vibrant, many Americans are still feeling the effects of the Great Recession, which was officially declared over in mid-2009. Young people are still struggling to find good jobs, and job security has dwindled in too many industries. But that doesn’t mean there aren’t still some jobs out there where Millennials — and maybe even their older counterparts — can still find some job security.
If you’re preparing to enter the work force or you’re one of the many young people who are still fighting to get on their feet, you may want to consider some of these jobs. Some are very well-paid; others, less so. But all offer a degree of security you won’t find these days in many occupations, along with a great job outlook and, in some cases, great benefits.
1. Government and Public Sector
Before the recession, many young people would never have considered a public sector job. But now, these jobs offer better benefits and more job security than jobs in almost every industry of the private sector. The best public sector jobs are with the federal government. Federal government job benefits include pension and retirement savings plans, long-term care insurance, disability insurance, sick leave, Federal Employees Group Life Insurance (FEGLI) and 13 to 26 paid vacation days per year, depending on the length of your service.
State and local governments also offer a high level of job security and great benefits to their employees. Government and public sector jobs are diverse, with opportunities for professionals in such fields as health care, law, education, public safety, public policy, and transportation. Public sector jobs are less prone to economic vagaries, and pay an average of about $79,000 a year. You can go to school online to prepare for a public sector job by earning an MPAP or another relevant master’s degree.
You won’t get rich as a teacher — high school teachers earn about $55,000 a year, while middle, elementary, and kindergarten teachers earn slightly less than that. However, if you’re looking for job security, you can’t get much better than any job in the education field. Whether you’re teaching small children, young adults, or older workers looking to revitalize their skills, you’ll always be in demand as a teacher, and many positions offer guaranteed job security in the form of tenure. To bring home the biggest paycheck, look for work in higher education or technical training.
3. Health Care
Just as people of all ages will always need more education to stay relevant in the work force, people of all ages will always need health care, too. It doesn’t really matter what health-care-related field you want to go into. Nurses, physicians, surgeons, and physician assistants all enjoy great job security and great pay.
Chiropractors and dentists enjoy the most job security of any in the health care profession; dentists have an unemployment rate of just 0.2 percent. Chiropractors have an unemployment rate of only 0.1 percent. Both professions are expected to experience faster-than-average growth over the next few years.
4. Repair and Maintenance Fields
As society becomes more dependent on machines and electronics to function, demand for repair and maintenance professionals is growing. Maintenance and repair professionals handle everything from changing engine oil in a car to keeping commercial airplanes in good running condition.
Training depends on the specific industry you want to go into. Auto mechanics can receive on-the-job training, while aviation mechanics need to attend an FAA-approved Aviation Maintenance Technician School. Pay averages about $40,000 a year, but can vary greatly depending on your specific position.
5. Criminal Justice Fields
Crime continues even when the economy is in a downturn, and many criminal justice jobs are public-sector positions anyway, giving criminal justice professionals the same level of job security as any other civil servant. Criminal investigators and detectives enjoy the greatest job security, with an unemployment rate of about 0.8 percent. Professionals in the criminal justice field work for state and local governments as well as the federal government, though as with other civil service jobs, federal employees enjoy the most enviable benefits and biggest paychecks.
Job security may be harder to find these days than it once was, but it’s far from a thing of the past. Millennials who want career stability, and even great benefits and healthy paychecks, can still find these things in the right industry. No matter what your interests or abilities, you can find a job to stick with, even in times of economic hardship.