Tokyo, New York and Seoul are the leading global hotspots for up-and-coming talent, according to Savills’ new Workforces Index.
The index takes into account a number of variables including size of the working-age population, net migration, worker mobility, regulatory environment, economic growth and education, to assess where skilled workers are clustering and which locations are likely to be future hotspots for global occupiers with real estate requirements.
The rest of the top 10 is made up of Shenzhen, London, Delhi, Los Angeles, Shanghai, Melbourne and Manilla.
Kelcie Sellers, associate director in Savills World Research team, said: “Leading talent clusters offer a balance of attributes for workers and occupiers. The most successful locations have high growth in both the number of both white-collar and blue-collar jobs, for example. New ways of working, increased use of technology and emerging industries and locations have transformed the global working landscape over the past decade, and it will continue to evolve – our Workforce Index indicates where the hotspots of tomorrow may be.”
Jeremy Bates, EMEA head of occupational markets a Savills, added: “Global occupiers are more conscious than ever about securing the best talent, and where their future workforces may be based. These occupiers will be looking to grow their footprints in these locations, and therefore the Workforces Index provides a guide to where future requirements may emerge, and consequently where there is the potential need for a pipeline of new, Grade A, sustainable office space.”
