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The cities that rank highest for employment opportunities in Ciphr’s study have the best business density (the highest number of businesses with 10+ employees per 10,000 working age people), the largest employment rate growth, and the lowest unemployment rate – factors that are associated with favourable economic conditions and a buoyant labour market. They also have a higher number of job postings (on Indeed) per 10,000 working age population.
The best UK city for employment opportunities is Norwich, scoring an impressive 46 out of 50.
In Norwich, there are around 76.3 businesses (with 10+ employees) per 10,000 working population, its employment rate growth is 6.7% and the unemployment rate is 2.5%
Bristol also scored well (44 out of 50) for employment opportunities, with the city recording a high density of businesses (70.2), a 2.9% unemployment rate, and an employment rate growth of 8.7%. As at January 2023, there are around 326 job vacancies listed in Bristol per 10,000 working population (the cities with the highest number of listings per person are Cambridge and Exeter with 396 and 373 respectively, while the UK average is 183).
Norwich: #1 for employment opportunities
Cities that scored the highest for employment opportunities:
Norwich (46 out of 50)
Bristol (44 out of 50)
Oxford (42 out of 50)
Cambridge (41 out of 50)
Milton Keynes (41 out of 50)
St Albans (41 out of 50)
York (41 out of 50)
Belfast (38 out of 50)
Edinburgh (38 out of 50)
Exeter (38 out of 50)
Leeds was just outside the top ten, ranking at #12 for employment opportunities. Many of the UK’s other biggest cities appear lower down the list, including Manchester, Glasgow, and London at #17, #18 and #20 respectively.
Winchester: #1 for number of businesses
Cities with the highest density of businesses (with 10+ employees) per 10,000 working population: