10 Recession-proof Businesses

Information Technology
One reason IT continues to be an in-demand job sector is because there's an overall lack of qualified workers. iStock/Thinkstock

Despite the bursting of the information technology (IT) bubble that played a key role in the recession of the early 2000s, information technology was the fastest-growing sector in the United States economy during and after the Great Recession of 2007 to 2009 [source: Izzo]. That's because the information technology sector isn't confined to traditional tech companies like software makers and server manufacturers. Among the top growth businesses of 2011 were Voice Over IP providers, wind and solar power manufacturers, video game designers and Internet publishers [source: Izzo].

The biggest growth areas for IT jobs are in software design and development, networking and systems administration, software implementation analysis, testing and QA, and database administration [source: Schmeiser]. Systems analysts and administrators appear to have some of the greatest job prospects, since the nature of the work is more collaborative and more difficult to outsource overseas [source: Kiviat].

One of the reasons information technology continues to be an in-demand job sector is because there's an overall lack of qualified IT workers [source: Charette]. As older IT workers retire, there simply aren't enough younger workers to take their place. The percentage of U.S. college students graduating with a computer science degree has declined since 2005 to its lowest level since 1986 [source: Schmidt]. That trend has led some analysts to predict a 15 percent decrease in the supply of IT workers between 2008 and 2038, while the demand for experienced workers increases 25 percent [source: Luftman].

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