Do you wish to settle in Stuttgart? But how strong are your chances of being hired there? Find out in this article.
Stuttgart, the Baden-Württemberg region's capital city in Southern Germany, is one of the country's largest cities. Its population, to date, amounts to more than 613,000 residents within a metropolitan area with over 5 million inhabitants. It has also been attracting foreigners worldwide in large numbers for a few years.
Finding a job will definitely be one of your priorities if you are planning to settle there. This should not be very complicated as the city provides various job prospects to qualified young professionals. But first of all, you are advised to inquire on the local job market's requirements.
Stuttgart's economy is described by local authorities as being a futuristic business district. In fact, the region greatly encourages foreign investment, as well as the creation of small and medium enterprises (SMEs). It is also deemed to be a tourist region given the large number of visitors who pass by to enjoy its rich historical and cultural patrimony as well as places of interest such as surrounding valleys and nature parks.
Stuttgart's economy is primarily based on automotive manufacturing. In fact, many big automotive manufacturers such as Daimbler (which is the maker of Mercedes-Benz), Porsche, etc., have set up their head offices there. Science, research, high technology, information and communication technology, financial services also contribute significantly to the city's economy. Moreover, the Stuttgart Stock Exchange is deemed to be the country's second most important stock exchange after that of Frankfurt. You are also likely to find some hundred financial and credit services firms there.
Note that Baden-Württemberg's Gross Domestic Product (GDP) amounted to some 389.4 billion euros in 2012, contributing up to 14.7% to the country's overall.
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Among the major companies operating in Stuttgart, you will find: Andreas Stihl AG & Co., GmbH Bonduelle, Porsche, VALEO GMHB, Yves Rocher AG, Zeiss, Bosch, Bilfinger Berger, etc. Stuttgart is also known for its vines as well as for the production of beer.
In early 2014, there were 243,190 job seekers in the Baden-Württemberg region. Hence, unemployment rate stood at 4.2% compared to 7.3% on the national level but with a decline of 0.5% compared to 2013. As regards Stuttgart, unemployment rate stood at 5.9%. Most of the active population was hired in the industrial, trade and services, health care and transport fields.
Foreigners in Stuttgart are more likely to be hired in the mechanical engineering, information and communication technology, pharmaceuticals, electrical engineering, environmental technology, biotechnology and multimedia fields. Job vacancies are also available in the fields of medical, research and financial services.
Find a job
Internet shall definitely be your tool during your job search in Stuttgart. You can also view job offers in classified ads in local newspapers. If you're already in Stuttgart, registering with a recruitment agency may also help.
Consider sending spontaneous applications to big firms operating in the region if you think you have the right profile.