Unlike recent recessions, office jobs are most at risk of layoffs in the coming economic downturn

A growing number of economists expect at least a mild recession to materialize in 2023, and signs point to it resembling the downturn of the early 1990s. That slump saw white-collar — or high-income office workers — face a heightened risk of job loss while those in blue-collar sectors like mining and manufacturing generally fared much better than in previous recessions.

A growing number of economists expect at least a mild recession to materialize in 2023, and signs point to it resembling the downturn of the early 1990s. That slump saw white-collar — or high-income office workers — face a heightened risk of job loss while those in blue-collar sectors like mining and manufacturing generally fared much better than in previous recessions.

R&I. -TxPAT

LivinInTheUSA

Article URL : https://www.businessinsider.com/which-jobs-risk-layoffs-next-recession-outlook-blue-white-collar-2022-9