Originally Posted by hankster
One area I'm familiar with is the electric utility industry. Some crafts are facing 25%+ losses over the next 5 years due to the aging work force. Many of these positions are attained by apprenticeship training programs. No degree required, although a degree certainly helps your chances during the selection process. Depending on the area of the country, even entry level positions can pay $40k per year. Power system dispatchers can earn in excess of $100k per year. It's also about as recession-proof as you can get. And it's not the type of work that can be outsourced overseas.
I concur 100%. I work for one of the largest, and I do believe I have solid job security, as does everyone at my company. Therehave been no layoffs to date, which is an painful irony to me personally, because 5 years ago when we had a downsizing and they gave a REALLY nice packages for those who volunteered, I didn't take one, and made a mental note to "wait for the next round"). Well somehow Murphy has reared his head and there are no layoffs. Further, I suspect if there are any coming, they won't come with those cushy packages.
But I digress. I have routed all my friends and family to job openings at my utility over the last 4 years (many thought I was pushy and whacked, but I could see a recession coming), and I managed to get 2 of them hired. And they are still employed here, making GOOD MONEY (but I make a LOT more than them HEE). Sadly, my son didn't take my job hounding bait, got himself hired elsewhere, and just got laid off after 2 years. Now I can't help him; we are going into year 2 of a hiring freeze. My wages are embarrassingly grand. I count my blessings. And it makes it reeeally really tough to commit to a FIRE timetable (it was actually 2010 up until 2 week ago; now it's "I don't effing know up from down anymore and can't trust my wealth-o-meters"), with all the crap others near and dear to me are enduring....