Make Money Abroad by Heading To These 8 Countries With Hot Job Markets

Even though the U.S. is considered one of the best countries in the world for having a strong job market, it’s not for everyone. So if you’re ready to spread your wings and launch your career abroad, it’s important to choose a place that has a robust job market.

To find the countries with hot job markets, GOBankingRates sourced gross domestic product data from U.S. News & World Report’s most recent “Best Countries Rankings.” Unless otherwise noted, it also sourced information about top industries from the Central Intelligence Agency’s “The World Factbook” and the unemployment rate from each country’s statistical office.

Whether you’re just starting out or you have an established career already , here are eight countries with hot job markets to make money abroad.

• Unemployment rate: 4.25%
• GDP: $813 billion

A low unemployment rate, high GDP, low corporate tax rates and a skilled labor force all contribute to Switzerland’s strong economy. Leading industries in Switzerland include banking, chemicals, insurance, machinery, pharmaceuticals, textiles, tourism and watches.

Switzerland ranked No. 2 in U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.”

• Unemployment rate: 2.9%
• GDP: $4.22 trillion

Germany ranked No. 3 in U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.” It has one of the largest economies and is one of the world’s top importers and exporters. Leading industries include agriculture, healthcare, telecommunications and tourism.

• Unemployment rate: 5.2%
• GDP: $1.99 trillion

Canada ranked No. 1 in U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.” The service industry is the backbone of Canada’s economy.

Other leading industries include timber, oil and gas. Transportation and warehousing, business, construction, finance, insurance and real estate sectors have also seen growth this year, according to Bloomberg.

• Unemployment rate: 7.9%
• GDP: $627 billion

Sweden ranked No. 9 in the U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.” The country has a robust manufacturing/industrial engineering sector that makes up 20% of its GDP, according to the International Trade Administration.

Leading sectors in the job market include healthcare and social services, and business services and trade.

• Unemployment rate: 2.60%
• GDP: $4.94 trillion

Japan, which has the third-largest economy in the world, ranked No. 4 in U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.” Worldwide, it is one of the world’s largest producers of electronic equipment, motor vehicles and steel.

However, its service sector makes up the highest percentage of its GDP and also employs the most workers.

• Unemployment rate: 3.5%
• GDP: $154 trillion

Australia ranked No. 11 in U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.” Its economy is propelled by the service sector and commodity exports. Major industries in Australia include manufacturing, mining, rental and real estate services and wholesale trade.

• Unemployment rate: 3.8%
• GDP: $3.19 trillion

The UK ranked No. 8 in U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.” Much of the nation’s economic growth can be attributed to its large service sector, including its banking and tourism industries.

Automobile and aerospace industries are also a significant part of the country’s economy.

• Unemployment rate: 3.5%
• GDP: $1.02 trillion

The Netherlands ranked No. 5 in U.S. News & World Report’s global survey findings for its “Best Countries To Start a Career.” The top employment sectors are health and welfare, followed by retail and manufacturing. The country also has a significant independent contractor population.

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