Only 15.5 percent of private sector jobs are cyclical, Eric Basmajian emphasizes

Only 15.5 percent of private sector jobs are cyclical, Eric Basmajian emphasizes
Cyclical share of U.S. jobs detailed

Eric Basmajian highlights the varying impact of different job segments within the U.S. private sector. According to Basmajian, there are 135 million private sector jobs, with 25 percent considered recession-proof and another 59 percent showing minimal movement.

He notes that only 15.5 percent of these jobs actively drive economic cycles, based on a breakdown ranked by cyclicality.

Basmajian has recently discussed trends in the property market, sharing a free guide to understanding the U.S. housing cycle. He also analyzed Florida’s market, noting that housing inventory changes have led price movements in the state. These earlier insights provide additional context for his current focus on cyclical and stable segments of the labor market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.