The Best Place For Business and Careers
For the second straight year, Forbes magazine has ranked Raleigh as the Best Place for Business and Careers.
Raleigh business costs are 14 percent below the national average, and the area boasts one of the most educated labor supplies in the country-with 38 percent of the adult population possessing a college degree and 12 percent holding a graduate degree, according to Forbes.com.
Continued growth also played a factor in the ranking. Based on Forbes.com, net migration has averaged 25,000 annually in recent years, or 2.4 percent of the population-the seventh highest in the country. The influx of talented young people is good news for big employers in the area like Cisco Systems, Inc.; GlaxoSmithKline and SAS.
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