USA Industries Are Recession-resistant

08 Feb 2013

While the global economy is still mysterious and somewhat scary, the US economy is inching towards recovery adding jobs here and there. In all, 5.5 million jobs have been added in the country since 2010. Still the employment position is at 2005 levels and not reached the peak achieved before the recession began in 2008. To reach the past peak levels, economists believe it would be 2014. The present reading is the US economy is well on its way to recovery within a year.

Whatever the state of the economy, some industries which are recession-resistant have added new jobs in record numbers. The US Labor Department has identified the 20 industries. These are as follows:

• Amusement parks and arcades, 186,000 jobs
• Bars and restaurants, 10.1 million jobs
• Celebrity handling, 123,000 jobs
• Liquor at least 400,000 jobs at breweries, wineries, distilleries, wholesalers and retail outlets
• Internet publishers and search engines, 300,000 jobs
• Investment advice, 155,000 jobs
• Healthcare, 14.5 million jobs
• Machine shops, 285,000 jobs
• Management, 2 million jobs
• Motion picture and video production, 223,000 jobs
• Professional organizations, 79,000 jobs
• Oil and gas extraction, 194,000 jobs
• Nail salons, 58,000 jobs
• Research and development, 441,000 jobs
• Security guards, 667,000 jobs
• Several types of retailers, 5.3 million jobs
• Small arms manufacturing, 44,000 jobs
• Technical and trade schools, 139,000 jobs
• Veterinary services, 312,000 jobs
• Waste collection, 155,000 jobs

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