Bangalore: At the time of economic downtime where a number of developed economies are struggling to weather the storm and a majority of employees have lost their sole means of bread, there are certain hotspots that have remained largely unaffected by the recent economic slump and are presently offering innumerable number of employment opportunities to its residents. These economics have also benefited from the business expansions of various firms hoping the exploit the resources of these untapped economics, as a result of which these countries have become prosperous and are attracting aspiring talent from the remote corners of the world.
Here is a list of such countries that are offering more than great economic opportunity, providing a good environment to its new residents for raising a family, and are offering a great overall experience, as reported on Yahoo Finance based the reports of Grant Thomson International Business.
#10Thailand
Thailand is dubbed as ‘one of the greatest development success stories’ by the World Bank. Presently, it is the second largest economy of Southeast Asia, behind Indonesia. Thailand is regarded as an upper-middle income economy and has an unemployment rate of a mere 0.52 percent, which makes it, the country with the third lowest unemployment rate in the world, behind Monaco and Qatar.
Thailand is basically an export dependent economy. As of now, a staggering 41 percent of the business organizations in Thailand are planning to hire employees during the course of the year. The in-demand occupations of this economy includes engineers, IT professionals, HR, sales professionals, marketing professionals, financial and accounting professionals. IT, energy, trading, industrial and services sectors are the top employers that are all set to hire. Tourism and agricultural industries are the sunshine sectors of this economy that accounts for a majority of the country’s GDP (Gross Domestic Product).
#9. Armenia:
Armenia has witnessed a strong economic growth and a negligible rate of inflation since the past few decades. The emergence of new sectors such as jewelry making, precious stone processing, and communication technology have driven the country into economic prosperity. And the increased grants and loans from the foreign players such as IMF and World Bank have reduced budget deficit in the country, stabilized the local currency and has created favorable environment for businesses to grow and prosper. Presently, nearly 42 percent of the employers are planning to hire employees this year.
#8. Botswana:
Botswana is eight on the list of best destinations to get hired. This country is one of the sparkling model economies on the African continent. Botswana is a land of opportunities and a peace loving nation driven by humanity, compassion and kindheartedness. As per the Grant Thomson International Business report, a stunning 43 percent of the employers of the country are expected to hire proficient talent this year.
#7. Vietnam:
The economy of Vietnam has experienced a rapid growth in the last decade. The economic growth and poverty reduction rate of the country has been truly remarkable. This country has become the leading agricultural exporter and has emerged as the most attractive destination for foreign investors in the region. It is presently the 35th largest economy in the world and is predicted to emerge as the fastest growing of the emerging economies by the year 2025. Sectors such as agriculture, forestry and fishing are the backbones of the country that accounts for a lion share of the country’s GDP (Gross Domestic Product).
The unemployment rate in the country stood at a paltry 4.46 percent in 2012, as per the reports of IMF (International Monitory Fund). And according to the Grant Thomson International Business report, a mindboggling 44 percent of the employers in Vietnam are expected to hire employees this year.
#6. Brazil:
Brazil is the sixth largest economy in the world in terms of nominal GDP. Thanks to the changes in its macroeconomic framework in mid-1990s, this country has benefited from improved financial and economic stability. With an annual average growth of over 5 percent, Brazil has emerged as one of the fastest growing economies in the world. This Latin American giant is expected to be among the major economies of the world by the end of this decade. This country has been on the forefront of Latin American multinational phenomenon, wherein majority of the local companies have turned global. Owing to the presence of large and well developed mining, agricultural, manufacturing and services sectors, this vibrant country is expanding its reach and presence in the world market.