I for one can’t remember the last recession that plunged this country into mass unemployment and devastated the housing market, so who’s jobs traditionally go first as some industries are more vulnerable than others?
In the past the first jobs to go have been those in property and property related services and non essential retail. Construction jobs take a dive as new builds are put on hold and only the strongest restaurants survive as people spend less and less on treats.
Legal positions and financial roles diversify and adapt as different skill sets are needed, for example insolvency practitioners, liquidations, specialist counsellors are all in demand in tough times. Think hard about your career before it starts and you’ll ride through the tough times ahead.
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