Skip to content
Tuesday 1 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,258.11
0.00%
CAC 40
8,334.50
0.00%
STOXX 50
6,420.16
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 09 February 2016 6:27 am

Jobs in tech are the most recession-proof

By: Lynsey Barber

Add as a preferred source on Google

Some jobs are more recession-proof than others, but it's jobs in technology which suffered least during the recession as wages in the sector grew more than any other.

Wages have rocketed 82 per cent since 2002, rising £15bn in real terms, according to calculations of official figures.

Travel agents were the least recession-proof job, with the wage bill plummeting by more than half between then and 2014, according to recruiter Randstad. The wage bill collapsed to £420m, however, the rise of online holiday booking is also to blame.

[infographic id="559"]

Public sector jobs have remained more resilient during the recession than those in the private sector, with social workers, nurses and and teachers ranking in the top recession-proof jobs. Police officers were among the least, however, as were electricians, retails sales assistants and management consultants.

[infographic id="560"]

Public sector pay took a greater knock after 2011 compared to private sector jobs, however, as a result of austerity. 

Despite the rising wage bill in areas such as technology and a growing workforce which increased by 1.4m, the total wage bill fell by three per cent to £634.1bn in 2014, and real wages by eight per cent to £33,500 in the same year.

"The number of jobs in technology has powered ahead while other previously fashionable professions such as management consultancy have fallen out of favour," said Randstad chief executive Mark Bull.

"It’s proven to be a very flexible industry. While jobs in IT infrastructure and networks may have declined – and some jobs have been outsourced beyond our borders – other areas, such as .net and ecommerce mobile programming, have boomed."

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics

Trending Articles

  • Jaguar reveals the Type 01’s screen-free interior

  • Treasury ‘tells Healey’ to consider tax on banks and oil

  • Pensioners to hand over bank statements in government benefits crackdown

  • City firms mandate phone and face-to-face comms bootcamps for Gen Z lawyers

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

More from Morning Wire

  • Public sector makes wage growth higher than expected

    Economics
    London has defied national trends as job postings in the capital rose.
  • US bond market jitters spark UK economy recession warning

    Economics
    Donald Trump delivering a speech at a podium during a formal event, emphasizing key points to an attentive audience.
  • Manufacturers overcome gloomy economy as output surge continues

    Industrials
    Manufacturing sector faces mounting tribunal pressures amid economic uncertainty
  • Jobs market ‘stops moving’ as employment costs weigh on hirers

    Economics
    The recruitment industry is grappling with a slowdown in hiring among UK employers and wider macro-economic uncertainty.
  • Burnham has a chance to build trust in AI

    Opinion
    Andy Burnham discussing AI advancements at a business conference podium with delegates in the background
  • As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks

    FTSE 100 Live
    Donald Trump speaking at a desk, gesturing with hands, wearing a dark suit and red tie.
  • Tax bill and Middle East weigh on Heathrow despite record numbers

    Aviation
    Commercial airplane landing at Heathrow Airport, seen from behind, with a prominent Heathrow sign below.
  • Burnham to cut pub business rates by 20 per cent

    Hospitality
    Andy Burnham, Mayor of Greater Manchester, smiling in glasses, dark jacket, light blue shirt, blurred green background.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook