Raleigh has been named the #1 Best Place for Business & Careers by Forbes for three out of the last four years, and Durham often makes the list, too. Business Insider named Raleigh one of the “20 Cities Having an Awesome Recovery” in 2011, and Money magazine says Wake county (Raleigh/Cary) is one of the top 20 counties “Where the Jobs Are” this year, so obviously the Triangle area is one of the best regions to work in in the country.
For years, Raleigh, Durham and Cary have been showered with spots in the top 10 lists of business-related accolades, and the reason is obvious. A number of different industries have a strong presence in the Triangle, including IT, telecom, pharmaceuticals, biotech, agrochem, healthcare, and banking/financial services. This diversity makes for a healthy local economy.
Research Triangle Park, or RTP, is a 7,000 acre campus that is home to more than 170 companies & organizations that employ about 50,000 Triangle residents. RTP has been around — and growing – for more than 40 years, and RTP employees have an average salary of $56,000.
The Triangle area is experiencing a solid job market and even new business growth, despite the recent overall downturn in the economy.
Healthcare/Health Research/Health Insurance (for more information on area hospitals click HERE)
Duke Univeristy and Medical Center (with facilities in Durham and Raleigh, the hospital is undergoing a huge $596 million expansion, with 1,000 new jobs expected to open up) US News & World Report named Duke Hospital the #10 Best Hospital in the US for 2009-2010)
Rex Healthcare (Raleigh, Cary and surrounding towns, owned by UNC Healthcare, currently undergoing a $120 million makeover)
Network Appliance (NetApp) (data storage and management, RTP) Plans to add 650 new jobs in the near future, currently has about 1,000 employees here. Fortune magazine recently chose it as the #1 “Best Company to Work For.”