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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 March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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