Special Report

Jobs With the Worst Job Security

The U.S. unemployment rate was 3.5% in December 2019, unchanged from the multi-decade low the previous month. While it may be easier for the typical American to find a job today than it has been in decades, there are specific jobs that have unemployment rates many times higher than the national rate. 

Using data from the Bureau of Labor Statistics, 24/7 Wall St. reviewed unemployment rates by occupation to identify the jobs with the worst job security. To be counted among a certain occupation, an unemployed individual needed to have held that specific job immediately prior to being unemployed. 

When unemployment is high, it is often the result of weak economic conditions such as a recession. However, the U.S. economy is currently experiencing the longest period of sustained growth in its history. The high unemployment among the jobs on this list is often the result of a number of other factors.

Many jobs on this list are entry-level occupations, without stringent education or experience requirements. Such jobs, which include parking lot attendants, fast food workers, and dishwashers, tend not to pay very much or offer room for growth. As a result, the high unemployment in these professions is often likely voluntary, as people may choose to quit in order to find something better. Not all jobs with low education requirements are low paying, however. Here is a look at the highest paying jobs you can get without a college degree

Other potential explanations for high unemployment among the jobs on this list include decreasing demand for workers due to increasing automation. While most of these jobs will continue to hire rapidly in the coming years, others, such as door-to-door sales, cashiers, and hand packagers will be in far lower demand as technological advances continue to reduce the need for personnel. Here is a list of the U.S. cities that will lose the most jobs to automation.

Click here to see the jobs with the worst job security
Click here to see the jobs with the best job security

Click here to read our methodology

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.