Los Angeles (#17), for instance, topped San Francisco (#19), as traditionally sky-high rents in the Bay Area–a place filled with tech-heavy workplaces that allow for remote work-softened somewhat. cities, Cordova says, inflation is impacting prices in some places more than others while rental housing costs are shifting. In addition to cost of living data, Mercer said in a statement that its employee mobility research shows the war in Ukraine, exchange rate variations and inflation are shrinking workers’ pay and savings. He says some employers are saying “okay, well, it would be helpful to understand where my employees can get the most bang for their buck.” Major metropolitan areas contributing at least 2.5% of world GDP.“One of the big things that happened as a result of the pandemic is that people woke up-and employers also woke up-and realized you can work from anywhere," says Vince Cordova, a partner at Mercer’s CareerPractice group. Click on the headers to reorganize columns. The methodology of calculating GDP may differ between the studies and are widely based on projections and sometimes approximate estimations, notably for cities that are not within the Organisation for Economic Co-operation and Development. Cities may be defined as the cities proper, the extent of their urban area, or their metropolitan regions. The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. This is a list of cities in the world by gross domestic product ( GDP). GDP of the ten largest metropolitan economies in the OECD, 2001–2018
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