Is medical transcription a recession-proof career?

The hottest topic around the globe now is the recession.  Because of recession, millions have lost their jobs, homes, businesses from all industries like software, diamond, auto, textile, etc.  Many people have gone into depression and some have even committed suicide.

But still there are some industries which are doing good or even better than before recession.  Medical transcription is one of such industries, which is growing day by day and is very little affected by recession.

The reason behind this is that the healthcare industry comes under essentials of life.  One cannot compromise his/her health whatever may be the condition. So comes the documentation of health records and medical transcription is nothing but maintenance of health records.  So, how the MT industry will be affected?

American people are very health conscious.  If they fall sick, they go to doctor as early as possible.  At maximum, they will postpone or cancel the cosmetic surgeries or the things which are not that serious to the health.

The things which are not life threatening can certainly be avoided but still it will not affect medical transcription industry as there is a huge demand for medical transcriptionists.  Besides that the population of United States is growing day by day.

So, is it that MT industry is not entirely affected?   No, this industry is also affected but to a somewhat lesser extent than other industries.  But you cannot say the things will remain the same for entire life.  Anything can happen in life.  So, all medical transcriptionists must try and enhance their skills and try to do their best as only the best will survive in this industry.