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The Raleigh MSA has received high marks on lists regarding workforce issues. In June 2011, Forbes ranked the area as the #2 region for an increase of educated migrants. In June 2011, Forbes again ranked Raleigh as the best place for business and careers.
Education and Workforce
Wake County and the Raleigh MSA have a highly desirable workforce, particularly for those industries seeking highly trained workers.
Sitting at the center of Research Triangle, the anchor universities of University of North Carolina, North Carolina State, and Duke offer an unmatched talent pool in a plethora of areas including technology, engineering, programming and business disciplines. In addition to the education campuses listed above, the Raleigh MSA has six more four-year colleges. For a complete list, click here.
Wake Tech is the state community college in Wake County and has seven campuses. In addition to serving its students, Wake Tech is business and industry's go-to place for specialized training and services as well as serving as the small business development center affiliated with the Small Business Administration. Wake Tech is looking to expand with an eighth campus located in Morrisville's Perimeter Park. Wake Tech can assist in job profiling using Work Keys and, when eligible, connect businesses to workforce grants to assist in training.
Within Morrisville, there are five university and college satellite campuses.
- North Carolina Chef's Academy located in Perimeter Park. NC Chef's Academy is part of Harrison College.
- Campbell University offers degrees in business administration, accounting, homeland security, criminal justice and information technology.
- DeVry University has degrees focused in all disciplines of business and technology.
- North Carolina Weslyan College delivers evening degree programs in business administration, accounting, computer information systems, criminal justice and psychology.
- Strayer University - RTP Campus has degrees in business administration, accounting, information systems, criminal justice and economics.
Wake County, particularly Western Wake County where Morrisville is located, has some of the best schools in the country. For example, Wake County has the 3rd-highest graduation rate in the country among the 50 largest school districts at 78.2 percent. (Source: 2011 Diplomas Count report).
Within its city limits, Morrisville has two elementary schools, Morrisville Elementary School and Cedar Fork Elementary School and is part of the Wake County Public School System. The primary public high schools for Morrisville residents are Green Hope High School and Panther Creek High School, both of which are Schools of Excellence. Green Hope has a 96.7 percent graduation rate and Panther Creek has a 94.3 percent graduation rate. (Source: 2011 N.C. Department of Public Instruction)
North Carolina is a right-to-work state and has a low rate of union participation.
As of July 2011, the Raleigh MSA's unemployment rate was 8.4 percent.
Wake County: 31.6%
Graduate or Professional Degree
Wake County: 16.0%
Source: U.S. Census Bureau, 2005-2009 American Community Survey
According to the National Council on Compensation Insurance, North Carolina workers compensation legislation and insurance rates are generally more fiscally responsible and cost employers less money than in other states. For additional information, please contact the following agencies:
NC Industrial Commission
4340 Mail Service Center
Raleigh, NC 27699
NC Rate Bureau
5401 Six Forks Road
Raleigh, NC 27609
2011 Taxable wage base - $19,700
Standard rate for company new to NC (First two years) - 1.2%
Minimum rate - 0.0%
Maximum rate - 6.84%
For more information, contact:
North Carolina Employment Security Commission, UI Division
PO Box 26504, 700 Wade Avenue
Raleigh, NC 27611-6504