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JOB MARKET

 
FORTUNE'S 5 HOTTEST GLOBAL JOB MARKETS

Five countries are hungry for more workers



 1.  Canada

Ontario
is being hit hard by the economic slowdown in the United States, but there's more to Canada than the eastern cities along the U.S. border. The commodities bonanza has made the distant parts of the country more attractive. High demand for potash and uranium in Saskatchewan entices Canadian workers to move west. And Alberta, the richest province in Canada, stays strong. Demand for executives is particularly high in Calgary.

2.  Denmark

According to the Danish government, the unemployment rate is 1.7 %. That's too low to be healthy for the economy, said the director of the country's central bank recently - a statement that's been criticized by Danish politicians who take comfort in the fact that less than 50,000 people are looking for jobs.

But understaffed Danish businesses agree - they want looser immigration laws to spur the economy and increase the labor pool. For now, companies fill up positions with commuting Swedes and temporary Polish workers.

3.  Japan

After a decade and a half of recession and stagnation, Japanese economic growth seems to be picking up a little. But the workforce is expected to contract on account of an aging population. Employers now find it hard to hire IT staff, sales representatives, technicians and engineers.

The high demand for labor may not be permanent. If the United States has a sustained downturn, Japan's economy may take another hit.

4.  Romania

Rising salaries, EU membership and a better standard of living will lure expatriates back to Romania - at least that's what the government hopes for. In reality, an estimated two million Romanians still live outside their native country, and a flood of foreign companies has absorbed most of the skilled labor left in the country.

That leaves Romanian businesses desperate for labor. More than 73 percent of Romanian employers now have trouble filling positions according to a Manpower survey. Engineers are in high demand.

5.  Australia

The job market is looking pretty good in the land down under. Unemployment has hit a 33-year low. Mining prosperity adds to almost two decades of uninterrupted growth and Aussies are crying out for everything from bus drivers to doctors.

The new Labor government recently announced that it plans to allow 190,000 immigrants - an increase of 25% from the current immigration quota.

5 Hottest Global Job Markets


 
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