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Raleigh-Durham, NC : Office Snapshot - Q3 2014

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Supported by a robust, multifaceted economy with significant concentrations in high-growth areas such as technology, biotechnology, and pharmaceuticals, the Raleigh-Durham region remains one of the strongest markets in the U.S. The area has created more than 27,000 jobs in the past 12 months – a phenomenal 3.3% year-over-year increase – and therefore has a low unemployment rate of 5.7%. Living up to its recent Forbes accolade as the #1 Best Place for Business in 2014, according to Forbes, several large job announcements were finalized recently, including HCL’s intention to add 1,237 new positions in Cary and Merz North America’s 250-employee headquarter relocation.

Durham-based Argos Therapeutics also revealed that they are expanding in the area with a new $57-million biomanufacturing plant, slated to create 236 jobs, within Durham County. The Raleigh-Durham region is enjoying across-the-board economic improvement as companies seek out the area’s well-educated and highly skilled workforce.

Source : Cushman & Wakefield

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