The threat of a recession in 2023 is real and could cause some serious economic hardship if you are not prepared. Here are some tips to help recession-proof your career:
Increase Your Value as a Professional
- Gain new skills: Take seminars and classes to gain new skills or certifications that can set you apart from the competition.
- Stay relevant: Make sure your skills match the job market needs, keep up to date on industry news and trends.
- Be flexible: Be open to different areas of the company, different jobs and working outside your comfort zone.
Focus on Building a Network
- Get out there: Introduce yourself to people by attending industry events, use LinkedIn to reach out to potential contacts and network with peers.
- Cultivate relationships: Keep in touch with your contacts, build on relationships and establish trust.
- Broaden your reach: Utilize online job postings and social media, such as Twitter and Facebook, to stay connected.
Consider Alternate Work Sources
- Contract work: Look for contract work where you can apply your skills. This can be a good way to make money without committing to a full-time job.
- Entrepreneurship: Create your own business to generate an income. Consider using your existing skills or finding a need in the market.
- Freelancing: Look for freelance projects that you can do on your own time and for extra money.
By following these tips, you can help recession-proof your career in 2023. Be sure to focus on increasing your value as an employee, build relationships through networking, and take advantage of alternative work sources that can help you stay afloat during an economic recession.