A new survey pegs software as recession-proof. Does that scale to embedded development?
Are we in a recession? Various analysts have different answers, but I'm
not sure the question really matters since these downturns are usually
identified ex post facto. Calamity always makes for good press, and
nothing is more personal than the economy, so every downturn gets
examined like an oncologist studying a smoker's X-rays.
Yet the unemployment rate in the US is a relatively low 5.5%.
The current slowdown does have the feel of a perfect storm of bad
news with huge energy price hikes and the collapse of mortgage markets
spiking costs and accelerating layoffs. The dollar continues to slide
against, well, most mainstream currencies while our trade deficit sends
too many greenbacks to China, which is creating an odd blend of
communism that is perfecting capitalism.
T. Boone Pickens is buying ad spots to say we ship $700 billion
overseas each year just for oil, which is more than the GDP of all but
16 countries. None of these problems seem likely to change in the near
term, so the rough times could go one for quite a while.
The word "recession" inspires fear, above all, of job loss. There's
not much scarier than getting a pink slip as so many live a paycheck or
two away from ruin. Are any jobs safe? Are some more at risk than
others?
Jobfox did an analysis (available
as a PDF file) of their hiring data and came up with the 20 most
recession-proof profession. I think their methodology was flawed, but
the numbers are interesting nonetheless.
Surprisingly, the most recession-proof job is that of Sales
Rep/Business Development. Normally these are two very different
occupations so it's odd they were clumped together. Software
Design/Development is number two, and the study claims "Computer software engineers are expected
to be among the fastest-growing occupations through 2016."
That's great news for firmware folk.
Accounting gets slots 4, 5 and 10, followed at 6 by network admins.
Surely that "profession" will change as networking becomes truly the
invisible and automatic fabric of the world. MCSEs and the like will go
the way of the slide rule once networking under Windows works properly
becomes seamless. I suspect there will be a need for low-level techs
who plug cables, and for networking engineers who design datacenters
and Internet connectivity.
EEs get spot 17. So, from an embedded perspective, both sides of our
business are expected to remain in strong demand.
Careers that manage technology, in various forms, hold five
positions, a full quarter of the top so-called recession-proof jobs. So
perhaps the most interesting takeaway from this study is: Get that MBA.
What's your take? How recession-proof is embedded development?
Jack G. Ganssle is a lecturer and consultant on embedded
development issues. He conducts seminars on embedded systems and helps
companies with their embedded challenges. Contact him at jack@ganssle.com. His website is www.ganssle.com.