10 Best Cities for Career Growth

July 29, 2014

The unemployment rate fell to 6.1 percent in June, the lowest its been since the financial crisis peaked in 2008. In the past six months, 1.4 million jobs have been added nationwide, the highest number since 2006.

But in some pockets across the country, unemployment remains high and income growth has remained stagnant, while other metros are becoming career hotbeds with soaring employment.

Raleigh, N.C., moved up from third place to claim the top spot this year as Forbes' best place for a business and career in the U.S., overtaking Des Moines, Iowa, which was last year's winner. Raleigh has plenty to brag about when it comes to careers: Business costs are 18 percent below the national average; 42 percent of its adult population has a college degree; it has one of the fastest migrations of new residents in the nation; and it enjoys a bustling employment sector from big companies and nearby universities, such as North Carolina State University, Duke University, and University of North Carolina at Chapel Hill.

Forbes analyzed metros to compile a list of the best and worst business climates for its 16th annual look at the Best Places for Business and Careers. The 10 best are:

  1. Raleigh, N.C.
  2. Des Moines, Iowa
  3. Provo, Utah
  4. Denver
  5. Fort Collins, Colo.
  6. Lincoln, Neb.
  7. Oklahoma City
  8. Salt Lake City
  9. Seattle
  10. Nashville, Tenn.

Source: “Raleigh Leads the Best Places for Business and Careers 2014,” Forbes (July 23, 2014)