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Best Cities in the World to Find New Job Opportunities

Best Cities in the World to Find New Job Opportunities

Looking for world job opportunities? Perhaps this article can get you started in your search! It is based on the 2012 Cities of Opportunity report put together by PricewaterhouseCoopers (PwC) in 2012, and includes job outlook projections to 2025.

In this study, the cities were chosen based on the following factors:

1. Intellectual capital and innovation

2. Technology readiness

3. Transportation and infrastructure

4. Health, safety and security

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5. Sustainability and the natural environment

6. Economic clout

7. Ease of doing business

8. Cost

9. Demographics and livability, and

10. City Gateway

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For a full description of these factors, you can download the report here.

1. New York

Most jobs in New York are in Financial and Business Services and Healthcare

Originally named New Amsterdam, after its humble beginnings as a Dutch trading post, New York, while not actually topping of any of the economic indicator lists, did well enough in ten of them – including intellectual capital and innovation, global connections, city gateway, and technology readiness – that it earned the #1 place in the 2012 Cities of Opportunity Report. According to the same report, between now and 2025, New York will add plenty of jobs in a global economy that favors good education and connection. However, if technology takes a hit or protectionism puts the kibosh on trade, New York will eliminate as many jobs as it created.

If you’re in the healthcare field or love doing business, and appreciate smart, tech-savvy people – and you don’t mind the long commutes or high cost of living – New York might be your dream career destination.

2. London

Most jobs in London are in Financial and Business Services

London has the most overseas banks of any country in the world, and, as home to major music corporations such as EMI and Warner Music Group, is one of the major classical and popular music capitals. It is the winner of the “city gateway” prize, being a major hub for European travel. Also, in prosperous times, London leads the pack in job growth, whether the economy is growing as a result of technology, travel connections, or knowledge. However, if the global economy turns sour, London will also be forced to downsize its workforce.

If you have an entrepreneurial spirit and love having easy access to education, music, and good reads, and you don’t mind the cloudy skies, bad food, and the fact that it’s not the most sustainable city on Earth, London could be your Holy Grail.

3. Toronto

Most jobs in Toronto are in Financial and Business Services, and Healthcare

People from Canada are actually less common in Toronto than people from England and, surprisingly, China. But if you consider that Toronto did well in the “economic clout” category, which means, among other things, that a healthy number of Global 500 companies have headquarters in Toronto, perhaps this isn’t so surprising. Also, this Canadian city is good at getting funding from other countries for projects that create new jobs. If the global economy took a downturn between now and 2025, Toronto wouldn’t lay off quite as many workers as New York or London, although it would definitely feel the effects.

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If you don’t mind travel being a little more challenging, Toronto would be a great place to start and run your new business.

4. Paris

Most jobs in Paris are in Financial and Business Services, and Hospitality and Tourism

Not surprisingly, given its cultural wealth and amazing cuisine, Paris did very well in the “demographics and livability” and “city gateway” economic indicators, and was beaten only by Milan in the percentage of employment opportunities to be found in the financial and business services. Not surprisingly, this cultural hub is wildly popular with tourists, and ease of travel into and out of Paris makes it a great place for the hospitality and tourism industries. Long-term, Paris wouldn’t lay off quite as many workers as London or New York if the global economy flounders, but employment would definitely be affected.

Foodies, travelers, and lovers of culture of all kind will find Paris a city of dreams. Just watch out for the price tag, stay healthy, and keep an eye on your wallet!

5. Stockholm

Most jobs in Stockholm are in Financial and Business Services, and Healthcare

With very little heavy industry and a dearth of fossil fuel power plants, Stockholm is one of the world’s cleanest big cities. In the 90’s, it was also a trendsetter in fibre optic telecommunication. Easy access to libraries and universities helped Stockholm take the prize in the “intellectual capital” economic category, and the Swedish city also did well in “health, safety and security”. This Scandinavian city’s job market is projected to be relatively steady-Eddie long term, regardless of worldwide growth or shrinkage.

While it’s not the easiest city to get in and out of travel-wise, if you like good reads and being able to walk around at night without worrying about thugs swiping your stuff, Stockholm’s your place.

6. San Francisco

Most jobs in San Francisco are in Financial and Business Services, and Hospitality and Tourism

“The coldest winter I ever spent was a summer in San Francisco”, contrary to popular belief, was actually not said by Mark Twain, but this hilly California city, famous for its cool, if not downright chilly summers, did pretty well in eight of the ten categories of economic development; its two strongest being “intellectual capital and innovation” and “sustainability and the natural environment”. No matter what happens to the worldwide economy between now and 2025, San Francisco will most likely avoid any major upsets in business-as-usual.

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If you appreciate great city planning, sustainability, and counterculture, leave your heart in San Francisco. But be prepared to open your wallet wide to pay the rent, and if you want to work for a Fortune 500 company, you’re better off looking elsewhere.

7. Singapore

Most jobs in Singapore are in Manufacturing and Construction

One out of six households in Singapore has a million dollars or more in disposable income, and this city did well in the “transportation and infrastructure” and “ease of doing business” categories of economic development.  Like London and New York, this Southeast Asian city promises to thrive between now and 2025 if the global economy grows, but may not fare so well if protectionism spreads or the tech industries hit a slump.

If you love easy access to public libraries or universities, Singapore might not hold much appeal for you, and all of those millionaires have sent real estate prices through the roof. But if you love being able to zip around a city easily without the bother of a car – and you adore Asian cuisine – look no further.

8. Hong Kong

Most jobs in Hong Kong are in Hospitality and Tourism

Low taxes and free trade make Hong Kong one of the easiest cities in the world in which to do business. Hong Kong is also a major Asian travel hub, making it an awesome “city gateway”. This Southeast Asian city will add a fair number of jobs between now and 2025 if trade rises due to education and connection, but will definitely feel the pinch in the event of a global economy that suffers from a scale back in industry or information technology.

If you are an entrepreneur who wants to open a restaurant or a hotel, you aren’t too concerned about the environment and sustainability, and you don’t mind rubbing elbows with lots and lots of other people, Hong Kong may be in your future. 

Featured photo credit: Henry at 206 amazing landmarks of the world/Leong Him Woh via flickr.com

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Last Updated on July 18, 2019

How to Sharpen Your Transferable Skills For a Swift Career Switch

How to Sharpen Your Transferable Skills For a Swift Career Switch

Most people grow up with dreams to go to college and graduate with high-paying job offers waiting for them the week after graduation. Others may favor non-traditional career paths. But the desire is the same: to find a job we love where compensation is commensurate with experience.

However, plans change. For instance, what started out as a dream to be a surgeon is cut short by a nasty injury and you’re debating how to transition into a new role. Or you might be facing being let go from your current employer and are anxious about “options out there.”

Whatever the case may be, switching careers can be intentional or unintentional. What matters is that you’re well-prepared, and the only way to do so is to learn new skills — hone in on your transferable skills.

Why Hone in on Your Transferable Skills?

There are several reasons you need to develop these skills if you want to go far in life and your career. In a nutshell, honing in your your transferable skills can lead to:

Better Job Offers

Continuous assessment and improvement of your skills widens the pool of job offers for you to make selections from. You’re no longer tethered to one industry as you’re able to lead your career by design, not by default.

People with transferable skills on a resume also open up opportunities for more potential employers.

Increase in Pay and More Responsibilities

You’ve heard the saying “with great power come great responsibility.” In your case, transferable skills make you more marketable to employers which could lead to pay raises.

Although this isn’t an automatic process– you have to be proactive about what you want in the marketplace, there is a chance that these pay raises will come with change in titles and roles.

A Shot at Entrepreneurship

Yes, changing career paths also includes the possibility of working for yourself. With these skills and work experience, you could live anywhere in the world and design a life and career you want.

We’ve talked about why you need to strengthen your transferable skills but what are some these skills, and how can you work on them?

13 Tips to Sharpen Your Transferable Skills

1. Update Your Resume

You might be surprised to know this but yes, updating your resume is a skill. The very first thing you should do while thinking about switching careers is to highlight attributes that make you very desirable candidate to employers.

Think about your volunteer experiences, freelance projects, and school projects. Although they might seem insignificant, they demonstrate your ability to deliver results that several companies are looking for.

While you might have held several positions since college, switching careers will require you to have a different type of resume.

There are three different types of resumes: functional, chronological, and a combination resume. However, if you are looking to switch careers you’ll want to have a functional resume. A functional resume is strengths-based that emphasizes skills that are transferable rather than a collection of dates and job titles.

2. Brush up on Your Communication Skills

Every attempt to get ahead in business and in life starts with the need to communicate effectively. Whether it is interpersonal, intercultural, or multi-generational, the ability to be seen and heard while respecting the boundaries of work relationship matters.

That’s why it’s one of the top skills you need to master. Strong communication skills allows you to effectively tailor your messages to specific audiences, which will make you a stronger asset to any organization.

To hone this skill:

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Pay attention to your listening skills. To communicate effectively, you need to first learn how to understand others.

Your ability to decode overt and implied messages, no matter how nuanced they are, is key to knowing how to foster deep relationships with others.

This article can also give you effective ways to enhance your communication skills:

How to Master Effective Communication Skills at Work and Home

3. Learn Technical (or Business) Writing

Another form of communication, writing, is a skill that can take you anywhere.

Companies communicate a lot through written memos, emails, newsletters, and other audio-visual means. But at the crux of this all is someone or some people who are tasked with translating the organization’s vision into statements anyone can understand.

To hone this skill:

Consider taking some free or paid classes online. You can accomplish this through several community colleges or online platforms like Lynda, Udemy or edX .

4. Practice Public Speaking and Presentation Skills

No matter how intelligent you are, no one will take you seriously if you’re unable to pull off a decent level of persuasion through presentation skills.

Most presentation can be done through either electronic devices or require your physical presence. Your chosen career may require you to be in front of several hundreds of people or you could be charged with developing materials for presentation.

To hone this skill:

Volunteer to lead projects that give you some responsibility for putting together presentations.

Also, try taking courses that will improve your public speaking skills if you feel lacking.

These tips on public speaking would be helpful too:

The Ultimate Public Speaking Tips to Hook and Impress Any Audience

5. Get Comfortable with Identifying Problems and Solutions

Every organization has got its problems no matter how greener the grass is on the other side.

How to hone this skill:

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Practice being resourceful.

Do you know where to find every company policy on the intranet in less than five minutes?

Think about a time you noticed some inefficiency at work and proposed a solution. Think about instances where you lent your voice to a cause which resulted in improved processes for your department.

No matter how small or inadequate you might feel, you’ve got some problem-solving skills that some organizations want.

If you look for more ways to improve your problem solving skills, take a look at this article:

6 Effective Ways to Enhance Your Problem Solving Skills

6. Recognize Your Team-Building Ability

Your ability to smoothly switch careers also depends on how well you can energize your team, especially if you’re aiming for a leadership role. Unfortunately, team-building usually isn’t something you learn on the job in most careers unless you hold a managerial position.

The good thing is that you possibly know one or two things about team-building. Think back to moments in college when you had group projects with colleagues and had to work with 3 to 4 other strangers for months. Were you able to get past your differences and disagreements to focus on the uniqueness of everyone at the table?

Making a career switch might require that you work with multidisciplinary teams whether you have a deep knowledge of what the other team does or not. I can easily think of doctors, nurses, physical therapists, and social workers working closely to achieve the goals in a patient’s care plan.

How to hone this skill:

Look for collaborative projects and team building activities that excite you and challenge yourself with new possibilities.

Try some of these tactics to keep your team motivated as well:

17 Proven Tactics for Motivating Employees and Building a Stronger Team

7. Lean into Your Leadership Skills

Although similar to the previous point, leadership skills extend far beyond building teams, managing time sheets and correcting behavior.

What I’m referring to here is your ability to develop a vision, believe in it, and inspire buy-in from everyone involved. This isn’t about knowing how to run a particular machine; it’s about how to lead a team of people with various backgrounds, experiences, and ideas of how things should be done.

How to hone this skill:

Although more complex than the rest, it all starts with an introspective look into your strengths and weaknesses. Then get a mentor or a coach who can bring out your leadership qualities so you can operate from a place of strength.

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Learn more about the effective leadership types here:

5 Types of Leadership that Help You Build a High Performance Team

8. Improve Your Analytical Skills

Are you good at taking large amount of data and interpreting them? Your skills could come in handy.

Organizations are looking for people to make sense of the data around them, explain how it affects profitability, and make projections based on it. Best of all? You don’t need to be an accountant to be analytical.

How to hone this skill:

Try taking data interpretation classes online or at a community college. Learning Microsoft Excel or Access is also a plus. If you’re ambitious enough, you could consider getting additional certifications to up the ante.

Take a look at these ways to help sharpen your analytical skills:

What Are Analytical Skills and How to Strengthen Them For Success

9. Don’t Discount Your Time Management and Prioritization Skills

How good are you when it comes to deciding how important tasks are, organizing schedules, and coordinating plans?

Should you be willing, there is a market waiting for you out there. Organizations and busy executives are always looking for talented individuals to outsource these tasks to.

How to hone this skill:

Although not everyone possesses secretarial superpowers, you can improve this skill by focusing on taking huge tasks and breaking them into smaller goals or steps in order to achieve a bigger goal.

Here, you can learn to prioritize to achieve more:

The Ultimate Guide to Prioritizing Your Work And Life

10. Embrace Your Creative and Critical Thinking Side

Although it’s often believed that creativity is for the arts and right-brained people, I believe everyone is capable of being creative. In fact, most organizations recognize creativity as a vehicle that will drive successful inventions in the future.

How to hone this skill:

Try doing something fun. As simple as this sounds, you’d be surprised to learn how much. In fact, behavioral and learning scientist, Marily Oppezzo, says taking a walk might be all you need to get your creative juices flowing.[1]

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Anyone can be creative, you just need the right way to train your brain:

What Is Creativity? We All Have It, and Need It

11. Don’t Stop Learning Tech Knowledge and Skills

Being tech-savvy is a huge plus. If you have an affinity with computers, software applications and are abreast of technological improvements, it is a transferable skill that is worth highlighting.

You don’t have to be a young college graduate with silicon valley dreams to work

How to hone this skill:

All you need is the determination and the readiness to learn. This article will give you some ideas on the types of skills to learn:

How to Improve Your Computer Skills to Get Ahead in Your Career

12. Build Networks and Relationships

You aren’t free from networking. Not at the moment. With your goal to switch to a different career, your networking skills will come in handy.

Fortunately for you, networking doesn’t have to be so hard.

How to hone this skill:

Attend conferences and job fairs. Chances are you already have people in your network you can move you closer to your dream career.

To enhance your networking skills, take these steps:

How to Network So You’ll Get Way Ahead in Your Professional Life

Final Thoughts

Although there are several people with the same qualification and degree(s) you possess, what ultimately determines hireability comes down to a myriad of things such as culture fit, how teachable you are, cultural sensitivity, inter-generational awareness, and your ability to navigate uncertainty.

You have a chance to stand out by letting your dream companies know how these soft skills make you an invaluable asset, and how saying ‘YES’ to you is a win-win for both parties.

Happy career switching!

More Resources About Career Advancement

Featured photo credit: Unsplash via unsplash.com

Reference

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