We’re only weeks into 2023, but everyone seems to be worried about the economy. Even after two years of continued, sustained job growth—more than 220,000 jobs were created in December 2022 alone—there are persistent concerns about the economy’s overall health and direction.
And it makes sense. After all, global inflation reached 9% in 2022, pushing up prices and putting pressure on household budgets in the United States and around the world. Many companies announced layoffs and hiring freezes. Layoffs at technology companies, which during the height of the pandemic seemed like they could do no wrong, were especially notable. Last year, more than 1,000 tech companies laid off more than 150,000 employees. The trend continues into the new year: Amazon recently announced it will lay off over 18,000 employees. In fact, many financial analysts and institutions are predicting a recession in 2023.
It’s understandable that all of this news might leave you feeling your own sense of uncertainty. However, if you are concerned about your career and how best to weather a potential economic recession, have you considered going back to school?
Even if there is a recession, the long-term prospects for many industries and sectors of the economy are positive. The Bureau of Labor Statistics projects the health and social assistance sector will grow nearly 18%, more than any other part of the economy, through 2031. In that period, nurse practitioner careers are projected to grow 45%, faster than any other occupation. Careers in computers and mathematics—including IT, cybersecurity, cloud computing, and other computer support occupations—are expected to grow more than 15% during that same time. Growth is also predicted for the community and social services, legal, management, and business and financial operations sectors. Stevenson University Online offers accredited online programs that can help give you an edge in these fields.
Although it may seem counter-intuitive, think of it as an investment in yourself. Earning your master’s degree, finishing your bachelor’s degree, or even enrolling in a certificate program now can help set you up for success later.
The same can be said for career changes. If you’re unsatisfied with your current career or want to shift your focus, taking this time to gain the knowledge and credentials you need to move into a different field is a great way to position yourself for new opportunities.
Take the Next Step in Your Career
Stevenson University Online offers accredited, fully online graduate degree, bachelor’s degree, and certificate programs, all designed for working adults like you. No matter which program you enroll in, you’ll receive personalized attention from faculty with professional experience and classes taught in convenient 8-week sessions designed to work with your busy schedule.
Ready to move your career forward? Request more information or call 1-877-531-7118 to talk to speak to one of our helpful Enrollment Counselors today.
Want to learn about our other programs? Discover all the online graduate degree programs, online bachelor’s degree programs, and online graduate certificates offered by Stevenson University Online.