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The Raleigh - Durham - Chapel Hill Triangle Area Economy
It has been said that the Triangle is the land of " tees, trees & PhD's". Referring to its world class golf courses, hiking & biking trails, & a highly educated workforce. "The three universities in the area: Duke, the University of North Carolina & NC State University help attract highly educated workers & technology firms..." says Steven Cochrane, an economist with Moody's Economy.com.
Raleigh-Durham boasts a skilled, educated, enthusiastic, and growing workforce. The economy is thriving and the unemployment rate consistently registers below the national average. The technical and medical industries are in particular need of qualified personnel. Education, services, and whole-sale/retail sectors also offer abundant job opportunities.
From 1990 to 2002, there were 273 new industries in Wake County, bringing 16,507 new jobs, and 400 expanded industries in Wake County, bringing 31,810 new jobs according to information provided by city-data.com. Raleigh was voted the number one city with the happiest workers by the Hudson Employment Index in 2004, and the number one "hottest job market" in Business 2.0 magazine in 2005. Click here to read the full article.
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