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The Times Real Estate

2018 Best Cities to Find a Job


Study ranks 100 cities around the globe for employment opportunities based on economic strength, living standards and inclusion of women, youth and expats

 

  • Boston, USA is the best city to find a job due to a strong economy, high disposable income and good opportunities for women.
  • Dubai, UAE is the best city for young people to find a job, with a booming startup scene and high expat employment rate.
  • Sydney, Australia ranks #18 out of 100, with a total score of 6.435.

 

Berlin, Germany, November, 2018 -  Relocation experts Movinga have released a study revealing the best cities to find a job. As the first instalment of a series of research projects looking at Cities of Opportunity, this initial dataset focuses on the topic of employment, with career advancement one of the main reasons for relocation. As a company looking into new markets, the moving experts decided to undertake this research in order to identify the hottest business potential, in addition to helping those curious about new career opportunities to understand the strengths and weaknesses of the best employment hubs around the globe.

 

How the study was conducted:

The study began by first analysing OECD countries, as they have the most available and comparable employment statistics, and then subsequently a few key trending cities such as Singapore and Hong Kong which are booming with job opportunities. The research tackled three key areas; economic strength for startups and established businesses, standard of living including disposable income and healthcare benefits, and the inclusion of women, youth and expats in the workforce. Within these categories, 14 micro factors including healthcare expenditure, immigration levels and the gender wage gap were analysed to determine a score for each category. The final index ranks the top 100 cities by the total job opportunity score, from highest to lowest, revealing the score for each individual factor.

 

Please find the complete methodology and full data set on the results page: www.movinga.se/study/cities-of-opportunity-international

 

The table below reveals a sample of results for Sydney, Australia. All scores are out of 10, with 10 being the highest possible score, and 0 being the lowest:

 

Sydney, Australia, #18 out of 100
Economic Strength Score
Standard of Living Score
Immigration Score
6.61
5.99
6.55
Opportunity for Youth Score
Opportunity for Women Score
Total Score
8.31
6.97
6.435

 

The table below reveals a sample of results for the top 10 best cities to find a job:

 

#
City
Country
Total Employment
Disposable Income
Expat Employment Rate
New Startups
Women's Opportunity for Advancement
Total Score
1
Boston
United States
8.28
10.00
5.04
8.81
7.75
6.822
2
Munich
Germany
9.07
4.99
8.65
6.83
6.25
6.814
3
Calgary
Canada
8.36
5.25
8.45
4.46
7.25
6.787
4
Hamburg
Germany
8.58
5.03
6.33
5.94
6.25
6.768
5
Stuttgart
Germany
8.99
4.96
8.38
2.38
6.25
6.765
6
London
United Kingdom
7.76
5.02
8.63
10.00
5.75
6.762
7
Singapore
Singapore
9.37
3.81
6.33
9.60
8.75
6.741
8
Oslo
Norway
9.07
4.89
8.60
5.05
9.50
6.674
9
Frankfurt
Germany
8.51
4.66
6.41
3.47
6.25
6.634
10
Edinburgh
United Kingdom
8.47
4.26
9.18
0.20
5.75
6.580

N.B. These are a sample of the full results, which you can find here: www.movinga.se/study/cities-of-opportunity-international

 

The table below reveals the best cities for young people to find a job:

 

Youth #
Overall #
City
Country
Youth Employment
New Startups
Opportunity for Youth Score
1
93
Dubai
United Arab Emirates
9.97
8.71
9.66
2
7
Singapore
Singapore
8.77
9.60
8.98
3
2
Munich
Germany
9.45
6.83
8.79
4
40
Prague
Czech Republic
10.00
4.65
8.66
5
52
Amsterdam
Netherlands
8.65
8.42
8.59
6
72
Hong Kong
Hong Kong S.A.R.
8.25
8.91
8.41
7
45
Tokyo
Japan
9.06
6.14
8.33
8
18
Sydney
Australia
8.07
9.01
8.31
9
25
Vancouver
Canada
8.39
7.82
8.24
10
14
Berlin
Germany
7.66
9.41
8.10

 

The table below reveals the best countries for women to find a job:

 

#
Country
Gender Wage Gap
Women's Liberty & Legislation
Women's Opportunity for Advancement
Opportunity for Women Score
1
Norway
9.64
9.33
9.50
9.49
2
Finland
8.18
9.30
10.00
9.17
3
Sweden
9.45
8.40
8.75
8.87
4
Slovenia
10.00
9.39
6.00
8.44
5
Denmark
7.45
9.34
8.00
8.26
6
Canada
7.45
9.22
7.25
7.97
7
Switzerland
8.00
8.76
7.00
7.91
8
United States
7.09
8.84
7.75
7.89
9
Singapore
8.00
6.83
8.75
7.87
10
Belgium
7.09
10.00
5.50
7.51

 

 

Further Findings:

  • Singapore has the highest total economic strength score, in addition to the highest government effectiveness score.
  • Dubai has the highest levels of employment and is revealed to be the best location for expats and young people due to their immigration intake and expat employment rate, as well as high youth employment and a growing number of new startups. However, gender may play a part in a jobseekers success, as Dubai offers the worst overall opportunities for women, with the worst gender wage gap, and the lowest women’s liberty and legislation score.
  • Hong Kong has the highest GDP Growth, but also the highest cost of living.
  • Berlin has the highest levels of new business registrations.
  • Boston has the highest standard of living score.
  • Monterrey has the best cost of living.
  • Boston has the highest disposable income levels.
  • Dubai has the highest total immigration score, with the highest levels of immigration.
  • Krakow and Warsaw have the highest rate of employment for expats, although it is worth noting that these cities have very low comparative immigration rates.
  • Prague has the highest level of youth employment while London has the highest level of new startups.
  • Norway offers the best opportunities for women, however, the gender wage gap is lowest in Slovenia.
  • Women’s liberty and legalisation is best in Belgium, while women’s opportunity for advancement is best in Finland.

 

Quotes:

 

“Digitalization means that companies can now attract skilled employees from all four corners of the globe, so for talented jobseekers, there are now more career opportunities than ever before.” comments Finn Age Hänsel, Managing Director at Movinga. “However, cities which offer high salaries may be misleading, as incomes in these nations are often negated by additional healthcare costs and high tax rates. Consider too that although some cities offer great opportunities for men, the wage gap and opportunity for female career advancement can be vastly different than other countries. With these considerations in mind, we hope that this study offers a holistic view of these locations and helps jobseekers to make an informed decision about their next career move.”

 

“We included Women’s Opportunity for Advancement in this study because we believe it is a key element of gender equality both in and outside the workplace. Additionally, it is the one topic that relies more on corporate commitment to make real changes, rather than economic strength or legislation.” comments Beatriz Domingo, Head of Communications at Movinga. “Since 2017, Movinga has been looking into the topic with high sensibility and has been promoting discussions and initiatives for female empowerment. We can see the effects of it first-hand as the percentage of women in leadership positions has increased over 40% from 2017 to 2018.”

 

“Advanced technology means that the entire world has become an office for digital-savvy employees looking to work remotely. This is especially attractive to millennials, who are increasingly rejecting the Monday to Friday, 9-5 working life of their parents.” comments Finn Age Hänsel, Managing Director at Movinga. "At the same time, this generation was hit with an economic downturn which meant that a competitive job market forced many to think outside the box. By combining this innovative thinking with the wish to have a more dynamic work relationship, in addition to a healthy investment ecosystem, it’s easy to see why startups are popping up all over the world. By highlighting those cities around the globe with a thriving entrepreneurial scene as well as a high quality of life, this study offers an excellent reference for talented young jobseekers looking to take their skills abroad.”

 


www.movinga.se/study/cities-of-opportunity-international

 

About Movinga: Movinga is the Europe’s leading full-service provider in the moving industry, bringing customers and partners together to redesign relocation experiences and set new standards to the market. Customers can book all services necessary when moving from one house to another, from packing and transportation to furniture assembling and house renovation. At the same time partners benefit from steady customer base and exclusive benefits for growing their businesses. The company was founded in Berlin in 2015 and is active in the German, French and Swedish markets with around 220 employees. Managing Director is Finn Age Hänsel. 

 

About SweetSpot PR: Based in Berlin, Sweet Spot PR is a team of creatives, journalists and data analysts who founded an agency in response to the growing challenges facing the media as the industry adapts to the digital world. The agency promotes fact-based, informative and compelling journalism by connecting data-driven journalists with excellent content from research agencies and industry patrons.

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