recession

Professional woman is an indispensable employee at work
Bigstock

During times of crisis, many companies are forced to cut costs drastically, resulting in mass layoffs and hiring freezes. If the company isn't making money (or worse, is losing money), it can't afford to keep paying all of its employees.

Read more Show less
Get Some Leverage
Sign up for The Work It Daily Newsletter
Follow
A doctor speaks to a patient. Doctor is considered a "recession-proof" career
Bigstock

When a recession hits, many people immediately begin to worry about their jobs—and with good reason. Recessions usually mean mass layoffs, fewer jobs, more competition for jobs, and less job security. But some careers are safer than others.

Read more Show less
Featured