Look at Industries in a Downturn for Employmentby Varun Gulati
Try to get in an industry as an employee when the bubble has popped and the recovery is in its nascent stage. That way you will be able to gain the requisite experience when the industry rebounds and you will get the benefit of riding the next bull market in that sector in its entirety. Contrast this to getting in when the industry cycle has or is about to peak. In that scenario, you will be around only for the pain.