Are Jobs More Available in these 3 cities of Madrid, Peking, and New York?
Are Jobs More Available in these 3 cities of Madrid, Peking, and New York? Jobs availability. People-to-people exchanges of cultures are a crucial and necessary component for the development of any region, including cities. Historical examples show how cities connected by trade routes had higher employability rates. In modern times, cities with higher population densities also exhibit a similar systemic growth pattern.
Instead of attracting talent, they cultivate it. According to economist Paul Collier, author of the best-selling book “The future of capitalism,” cities like Madrid in Spain, Peking in China, or New York in the United States create “geographic rifts” with regard to neighboring towns (2018). But why in urban areas? Why are they attractive to people? How do they produce jobs? Why do cities see the highest GDP growth?
A large number of services find it reasonably easy to reduce their costs as a result of the high population density, despite the fact that the cost of living in a major city is noticeably higher than in a small town and that this involves higher salaries, which also results in more costs for businesses. The finest illustration of this is public transportation, which is more popular and efficient in compact cities. We can observe how the use of public transportation rises as one approaches the center of European cities’ concentric layers.
Does this affect employment in any way? Companies headquartered in big cities like Madrid, Beijing, or New York have a significantly wider search radius when they’re looking for personnel. A few kilometers outside the city, the same 9.5-kilometer trip from Brooklyn to Washington Square Park on a high-frequency bus route takes 35 minutes (every 3 minutes), whereas the same trip takes 59 minutes (every 40 minutes) on a low-frequency bus route.
Examples of how businesses located in densely populated cities can reduce labor costs, have fewer employees arrive late, become ill, or are unable to resolve personal issues, respectively, include transportation, the presence of hospitals, and the dense and consolidated business sector. This, in turn, increases the likelihood of having more qualified candidates for the position and is more cost-effective despite paying a higher salary.
Services with improved living standards
Let’s first examine the reasons why a resident of a small municipality would choose to relocate to a large metropolis before examining whether cities generate or draw in employment. The answer is closely related to the sentence before, however this time it is examined in terms of quality of life. Just consider how frequently schools in outlying areas—those with a minimal or declining enrollment—close. The population pyramid is entirely inverting as a result of rural depopulation and movement trends that appeal to young people.
When the community loses its school and parents are compelled to transport their children to nearby towns, the tipping point has been reached. The expense of building a school in a tiny hamlet is ten to one hundred times more than doing it in a large metropolis. This issue was referred to as “The semi-rural challenge” in 2018 by The Conversation.
The cause? High-density urban areas increase the likelihood that the center will be totally occupied, and the same is true for other fundamental services like hospitals, police stations, and fire departments. Given the poor public assistance, residents of towns without these services face large personal costs.
This can be seen even more clearly in “smart cities,” according to the CONUEE (Mexican National Commission for the Efficient Use of Energy), which stated that “the information obtained enables energy consumption to be reduced, making the movement of people and goods faster and more efficient and increasing the quality of life of residents, offering them a city with fewer uncertainties.” People move to cities in pursuit of employment for these and other connected and linked reasons, in addition to a lack of employment or a lack of a business network. But from where does the work in big cities come?