Healthcare jobs are practically recession-proof, says Indeed—here's how to get in and make over $100K

Healthcare may be job seekers' best bet at a stable six-figure salary in the current climate. While Indeed hails the field as 'recession-resistant,' nurses agree that they've enjoyed plentiful job options, even during the 2008 recession. Here's how job seekers can get their feet in the door.
Dark clouds are storming over America's markets—threatening to drastically raise prices and eliminate jobs. Luckily, one industry has typically buoyed during recessionary times.
'Healthcare is a classic recession-resistant industry because medical care is always in demand,' Priya Rathod, career expert at Indeed, tells Fortune. And it may be the safest way to hold down a job with a potential six-figure starting salary right now.
New data from the careers platform shows that home health, doctor, and nursing job postings have hit a combined 162% growth since pre-pandemic.
Physician and surgeon jobs represent the greatest boost in the field, as open roles have skyrocketed 90% since pre-pandemic years. Meanwhile, other industries are suffering; arts and entertainment job postings have especially plummeted since 2022, falling 10% overall from pre-COVID-19 levels.
People will always need their yearly check-ups, routine medical care, and emergency hospital on speed dial—no matter how rough the economy is.
'During the 2007–2009 Great Recession, healthcare employment continued to grow even as overall U.S. payrolls shrank,' Rathod says, and that this is 'A sign that the sector is 'resistant to, if not immune from' traditional economic downturns, according to the Bureau of Labor Statistics.'
America also has a rapidly aging population, driving the need for services like home health, personal care, surgeon, and physician jobs. Healthcare employment is expected to swell by roughly 1.9 million job openings annually over the next decade, according to BLS data.
Danielle LeVeck, a nurse of over 15 years, tells Fortune she has witnessed her profession's growth in action. She switched career tracks from PR to nursing in 2007, hoping for steady employment. She's never worried about being unemployed since, and is comforted by the routine and safety of her career.
'I've never worried, since becoming a nurse, that I wouldn't have a job. That sense of security is very important to me,' LeVeck says. 'Working with the same people every day, going to work and helping people, it's good for me.'
There's another sticky situation the healthcare industry naturally skirts: the impact of AI on jobs. Workers have been wringing their hands over the reality that advanced tech is coming for their roles. But medical staffers don't have to lose sleep; healthcare is one of the key industries expected to grow amid the U.S.'s AI-driven business landscape disruption, according to a 2024 report from McKinsey. AI still can't perform a majority of tasks that healthcare workers can—like sterilizing surgical equipment, or administering at-home aid.
These recession and AI-proof jobs aren't just the golden ticket to a steady career—but a six-figure salary, if you play your cards right.
'You have to have experience, you have to be living in the right place, and working at the right place. The pay discrepancy for nurses is wide,' LeVeck says.
When she started as a bedside nurse in 2011, her initial wages were $45,000 a year, and her final role in that niche paid $67,000 annually. LeVeck says it is possible to earn over $100,000 as a bedside nurse, but that her later job as a nurse practitioner is more apt to make six figures as a starting salary. The real money lies in private hospitals and care centers as opposed to large, research-based hospitals—there's typically a lighter workload, but higher competition for these jobs that nobody wants to leave.
Nursing is just one of the several recession-proof jobs with the chance to earn six figures. Physicians can earn over $200,000 annually, and doctors like general practitioners rake in $140,000 yearly. LeVeck says making the right connections can be the make-or-break for healthcare professionals to secure high-paying roles—networking is how she's landed every job in her career.
Rathod echoes the importance of connection building. She also recommends job-seekers optimize their resumes to highlight healthcare-relevant skills and gain credentials like a certified nursing assistant (CNA) license or an IT security certificate. But at a baseline level, simply getting your foot in the door is a good first step.
'Don't hesitate to start in an adjacent or entry-level role such as an administrative job at a hospital,' Rathod says. 'Demonstrating initiative and flexibility can help you stand out, even in crowded applicant pools.'
This story was originally featured on Fortune.com

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CNBC

3 hours ago

• CNBC

What stocks to buy and when to buy in Monday's Iran-driven market

He bombed. Two words and the world went akilter. We get that. Visions blind us: a blocked Strait of Hormuz; $100 per barrel oil; a de-stabilized Iran and mullah revenge; our troops in harm's way; and no end to Israel-Iran missile volleys. Monday's reaction in the market? Always the same. Big institutions sell stocks, which are so-called risk assets, even as we know from the rise in the S & P 500 all of these last 40 years that stocks are hardly risky. No matter, the institutions want cash. They always want cash. They don't know any better. They want to sell the high price-to-earnings ratio stocks and look for safety. They are the drivers of the lower bond yields we will get, especially the 10-year Treasury. To which I say to these institutions, "Whoa there, cowboy." That's been the playbook for them ever since 1982. It's been wrong every time except 2007 when the Great Recession struck. Why did selling fail as a strategy every time but once? Because all of the major waves of selling in the wake of some incident of uncertainty were caused by momentary risk that did not ultimately threaten stocks, or the banking system — or, ultimately, the economy. This time is no different, unless the Strait of Hormuz is closed by Iran. Following Saturday's President Donald Trump -authorized strikes at three Iranian nuclear sites, Iran is said to be considering such a move. On Sunday, Secretary of State Marco Rubio called for China to prevent Iran from closing the Strait of Hormuz, which is one of the most important trade routes for oil in the world. Crude prices rose in Sunday trading, and U.S. stock futures were lower. I think a conflict with a deeply hobbled non-nuclear, fourth-rate power, that is the current Iran does not create systemic risk even with higher oil. Let's take that off the table. This is not China. This is not on par with a seizure of strategically important Taiwan, which China has threatened to do, or a shutdown of all rare earth materials, which are dominated by China and needed for manufacturing in sectors including autos, semiconductors, and defense. Iran isn't a trading partner. It isn't even much of a trading partner with Russia or China. It lost its proxies through a stealth war against Israel that you could argue they have been winning for ages, simply because they are a terrorist condoning regime. They are no longer winning. They are losing big and seem hellbent on reducing their state to rubble. Given the apparent extent of the damage at the heavily deepened Fordo nuclear site, I also want to take existential risk off the table. Iran has not and will not be allowed to create a nuclear weapon. Israel seems to be able to anticipate everything they do, as Israel seems to have someone(s) infiltrated at a high level. I will not take the Strait of Hormuz off the table because it's the only gambit left of the terrorist regime. We will play that out momentarily — but, spoiler alert, it's not a meaningful plot. I don't detect a possibility of regime change in Iran, however, despite what some of the Western press says, because "the people" there are not going to rise up. And, the Western types are not going to push to overthrow. So, what works then for the CNBC Investing Club's portfolio? Monday's schematic The stock market is controlled, in moments like these, by the S & P futures markets, which overwhelm the opening bell in New York, as they have every time since the 1987 crash. It's axiomatic. It doesn't matter if it is mistaken, which it is. It's just what happens. The S & P futures sellers don't know a health care stock from a semi. They are using the futures as a hedge for their long-side portfolio. So are the hedge funds, except some will use the futures as a way to get short — bet against the market. The money goes into bonds, which due to their inverse relationship, means bond prices go up and bond yields go down. We know that tends to be positive for stocks. Some will choose to buy traditional safety stocks. Again, a mistake. There are now too many flaws. When a Procter & Gamble or a Johnson & Johnson doesn't offer protection — and, they most certainly do not, stay away. Think of how horrendous the food and drug stocks really have been. Most of these are nightmares. Our plan involves knowing and accepting the constraints forced upon us by the overwhelming negative power of the S & P futures out of Chicago. Selling doesn't let you get any palatable prices for your stocks. The good prices were Friday's close. You can sit on your hands and do nothing, which can work in times of uncertainty. Or you can buy, but you have to remember that there will be big institutions that will, all day long, be selling the stocks you want to buy. They will bury you. Here's why: Their sell orders will be huge. The prices they will get on the first parts of their orders will be ugly at the start of the day because of the negative power of the S & P futures sellers. Their sell orders are so large they will be "worked" all day. The traders handling these orders at the brokerage houses, like a Goldman Sachs or JPMorgan, are now you're enemy because they need to demonstrate their selling prowess. That means getting a price for their client that is, in aggregate, better than the closing price of the day. The best way for a trader to handle large sell orders on days like Monday is to skillfully sell when buy bids build and walk away for a bit to let bids build. That's careful selling. Cat and mouse. The worst way to do it is to sell all day at any price and then save a big chunk of the client's sell order for the closing bell, blowing the stock to smithereens. That causes a price that is the low of the day. Therefore, the trader will be giving the customer an average price that is better than the self-controlled, marked-down closing price. The client is oblivious and grateful for an average price that is better than the closing price, even as the execution was sub-optimal. All they know is they "did better" than the closing price. That's why it is so hard to buy on the first day of any sell-off. No matter what you do, whatever price you pay, you will most likely have a loss at the end of the day because of that process. Knowing this, you can't be heroic at the opening. Those who do will try to catch what they think will be the low of the day. When stocks start sinking again, as they almost always do, these opportunists will end up trying to scalp for pennies and will be gone by 10:30 a.m. ET. They will most likely be losers. Day trading stinks. Now, I am presuming if you are a Club member, you aren't on margin, or you wouldn't be reading this. Who wants to read an article by someone who has nothing but contempt for you? If you do have cash, and because the S & P Short Range Oscillator , a market momentum indicator that I have trusted for decades, is flat and will most likely be negative by the end of the day, I am going to err on the side of buying. After all, as long-term investors, one day of trading is not make or break for us. We're in the market for the long haul. If you don't have cash on hand, you sell some of your losers and use the day to reposition. What to buy It's very counterintuitive. The institutions sell the highest multiple stocks. They do so because they are up a lot. Those are the ones we want. These sell-offs give us a chance to get a better average cost basis. Our only obstacle here is that Micron Technology reports this week — and I fear, after this run, that it won't be good enough. Still, I will scan to see what we can buy that will matter. We can buy some industrials. They have been rock solid, and given that we don't see a recession on the horizon, that might be a great bet. I also think that the dollar store stocks will finally come in, and Club name TJX Companies will finally stop going down. Intriguing. Low multiple tech like Bullpen name Cisco Systems or the redoubtable IBM makes sense. I like the data center. I like Club name Amazon as well as Netflix and Tesla with a flat-fee robotaxi. The "normal" winners, the J & J and P & G's, just don't work anymore. After J.M. Smucker two weeks ago, forget food, especially General Mills , which reports this week. FedEx reports, too, making it tough to buy any transports. How about the oils. I would prefer to be a seller, not a buyer. We are pumping roughly 13.5 million barrels a day . We can up that by a million barrels on command from Trump. The Russians are pumping like mad. Who knows what Iran is doing, but it's probably trying to sell as much as it can to pay the bills. Do we really think the Saudis are against what Trump did Saturday? They are grateful and will sell whatever is necessary to keep oil down. Which is why I think that the Strait of Hormuz is not a sustainable worry. It's a big reason why I would be a buyer of the rest of the market. When to act Everyone I know is worried about a big down day. So, I am worried about a big up day. We will know what happens if the selling dries up at 2:45 p.m. ET. Why then? If nothing bad has happened by then, some sellers might walk away. The margined sellers are done. If the selling slows down, shorts will start covering, and some intrepid longs will wade in. There is time for a rally to build, and it won't be met by new sellers because there isn't enough time. If a rally starts earlier than 2:45 on Monday afternoon, it will be overwhelmed by sellers who are grateful for better prices. If it starts much later than 2:45, there won't be time to mount a rally before the 4:30 p.m. ET close. So, if you do wade in, think about waiting an hour after the 9:30 a.m. ET open and some by 3:30 p.m. ET — the latter being hard for us because of the constraints of the Club, which puts our trade alert deadline before 3:15 p.m. ET, because we always wait 45 minutes to execute our trades to give members a shot at the best prices. Be prepared for a long day. Be prepared for plenty of rumors. Be prepared for the Trump haters to say everything is going to be wrong. Be prepared to buy. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

New York Post

10 hours ago

• New York Post

Life Time athletic club opening at 452 Fifth Ave.

The owners of 425 Fifth Avenue, aka 10 Bryant Park between East 39th and 40th streets, landed another big catch at their tower where Amazon recently signed for 330,000 square feet — and it all started with a game of pickleball. In one of Manhattan's largest retail-space deals this year, burgeoning 'athletic urban country club' Life Time signed for 52,000 square feet on four levels, including in the soon to be vacated, 17,000 square-foot Staples store. It will open in early 2027 behind a prominent Fifth Avenue entrance. The Life Time deal all but completes the leasing picture at the 865,000 address, which consists of three formerly separate structures that include the 10-story Knox Building. Advertisement 4 425 Fifth Avenue, aka 10 Bryant Park between East 39th and 40th streets, center. Google Maps Life Time has 180 clubs in the US and Canada. Chief property development officer Parham Javaheri said 10 Bryant Park checked all the boxes for what he wanted in Midtown. 'We want to serve both our residential and commercial cores,' he said. 'Although the location is obviously more commercial, there's a lot of residential growth nearby as well.' Advertisement Life Time, founded by chairman and CEO Bahram Akradi, has seven other Manhattan locations, two in Brooklyn, and another coming at the supertall Brooklyn Tower condo project. Javaheri said, 'We want to grow methodically. Meaning, we want destinations that let us stay true to what Life Time is, and they require a lot of space.' In fact, several others in the city are even larger than at 10 Bryant Park with 80,000 square feet each. The 10 Bryant Park edition will boast a luxurious, co-ed 'wet' suite with steam rooms, saunas, hot tubs and cold plunges; a workout floor with best-in-class cardio and resistance-training equipment; a recovery space with massage chairs and body-compression technology; and a half-dozen boutique-style studios for group fitness formats. 4 A rendering of the Life Time athletic club location at 10 Bryant Park, which is expected to open in early 2027. LIFE TIME Advertisement Eli Elefant, CEO of 10 Bryant Park landlord Property & Building Corp., said, 'We had the privilege or repositioning the building in a post-Covid world. It gave us the ability to reimagine what a commercial building can look like in a challenging environment.' Elefant said, 'When we lost our big bank tenant, HSBC, we got all their antiquated space back. Our thought was to lean heavily into the tech sphere and market the former bank space to big users and we were ultimately successful.' With the Amazon deal, the 30-story tower's office floors are 100% leased. What he called a 'blank slate' after HSBC decided to move to The Spiral in Hudson Yards also suggested the need to deliver what Amazon and many other 21st Century tenants want: a spectacular 'wellness' amenity. 'We didn't just want to build a gym,' Elefant chuckled. 4 Eli Elefant, center, the CEO of 10 Bryant Park owner Property & Building Corp., and Life Time chief property development officer Parham Javaheri, right, bonded over their vision during a pickleball game. LIFE TIME Advertisement Introduced by brokers, he and Javaheri first met on Oct. 17, 2023. 'We talked about a lifestyle-physical concept,' Elefant said. 'I said, 'Why don't we meet for a workout?'' Javaheri recalled, 'We played pickleball at 1 Penn and at Sky on West 42nd Street. Eli told us what his vision was for a strong amenity. We formed a good friendship.' 4 A rendering of the interior of the announced Life Time athletic club at 10 Bryant Park. LIFE TIME The competition 'was a great way for him to humiliate me,' Elefant laughed. 'But I'm a firm believed in personal synergies' in a changed real estate market that needs to be 'less sharp-elbows than collaborative, although I'm not sure everyone got the message.' Atlantic Retail's Joe Mastromonaco represented Life Time and JLL's Patrick Smith acted for the ownership. Property & Building's parent company owns 14 million square feet of buildings in Israel, but 10 Bryant Park is the only one in New York it wholly owns although it has discreet investments at others.

Business Upturn

12 hours ago

• Business Upturn

ELV FRAUD ALERT: Elevance Health, Inc. Investors are Reminded of Ongoing Securities Fraud Class Action — Contact BFA Law by July 11 Legal Deadline (NYSE:ELV)

NEW YORK, June 22, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Elevance Health, Inc. (NYSE: ELV) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Elevance you are encouraged to obtain additional information by visiting Investors have until July 11, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Elevance common stock. The case is pending in the U.S. District Court for the Southern District of Indiana and is captioned Miller v. Elevance Health, Inc., et al. , No. 25-cv-0092. Why was Elevance Sued for Securities Fraud? Elevance provides health insurance plans. This includes contracting with states to administer Medicaid benefits. States routinely review Medicaid eligibility, but during COVID, the federal government paused this process. The pause ended in 2023, and states resumed redetermining Medicaid eligibility. During the relevant period, Elevance represented that it was closely monitoring the cost trends associated with the redetermination process and that the rates Elevance was negotiating were sufficient to address the risk profiles of those patients staying on Medicaid. As alleged, in truth, the redeterminations caused a significant increase in the acuity and utilization of Elevance's Medicaid members. What's more, the shift occurred to a degree that was not reflected in Elevance's rate negotiations or in its financial guidance for 2024. The Stock Declines as the Truth is Revealed On July 17, 2024, Elevance stated that it was now 'expecting second-half utilization to increase in Medicaid' and that it was 'seeing signs of increased utilization across the broader Medicaid population.' On this news, the price of Elevance stock declined $32.21 per share, or nearly 6%, from $553.14 per share on July 16, 2024, to $520.93 per share on July 17, 2024. Then, on October 17, 2024, Elevance announced its Q3 2024 financial results, revealing that its missed consensus earnings per share ('EPS') expectations by $1.33, or 13.7%, 'due to elevated medical costs in [its] Medicaid business.' On this news, the price of Elevance stock declined $52.61 per share, or nearly 11%, from $496.96 per share on October 16, 2024, to $444.35 per share on October 17, 2024. Click here if you suffered losses: What Can You Do? If you invested in Elevance you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Or contact:Ross Shikowitz [email protected] 212-789-3619