When you think of North Carolina, you probably imagine great hikes and trails, and according to many – home cooking. But, as time went by, this state showed that it has a great economy and a job market that is constantly thriving. North Carolina has always been a state in change. It is progressing, it is growing, and it is constantly on the move. And when we say on the move, we mean technologically, industrially and financially. So, if you are on the job hunt and plan on moving here, let us take a closer look at the economy, and hopefully, better understand the job market in North Carolina, that is, what industries are more wanted than the others. Keep on reading to find out more.
Looking to find a job or a place to start your own company? Look no further than North Carolina. Alt.tag ‘We are hiring’ written on the board.
How to Determine What Are the Best Industries
Do not listen to what others have to say about the job market in North Carolina, but look at the data and the statistics. After all, data never lies. So, based on the following criteria, we determined what are the best industries in North Carolina’s job market:
- Average Salary
- Job Availability
- Average Stress Level
What Are the Best Industries in North Carolina
Yes, the job market seems to be thriving in North Carolina. But that does not mean that you should immediately pack your bags and buy a one-way plane ticket to North Carolina. First, do some researching of the job market and if it suits your needs, simply call movingkingsnc.com to help you with your relocation. Luckily we are here to help you out and give you some guidance. So, as previously mentioned, based on the average salary, job availability and average stress level, here are some of the best jobs you can have in North Carolina.
Aerospace and Defence Industry
More than 4.9 million people have a job in this industry in North Carolina. They pride themselves in being a plentiful and skilled workforce. Believe it or not, but in this state, you will find more than 40,000 engineers and a third largest active-duty military population, many of whom specialize in the aerospace industry. North Carolina is definitely propelling the future of our aerospace and defense industry. This is because there are over sixty universities in the state that offer a degree in aerospace engineering.
Automotive, Truck and Heavy Machinery Industry
North Carolina is home to over 240 automotive companies. These also include heavy-duty truck, engine, transmission, interior trim, seating and brake system manufacturing. And what is more, it is constantly expanding. So, if you were planning to start your own business in this industry, look no further than North Carolina. The state has a powerful supplier network, and that is the main reason why so many companies decide to relocate here.
Food Processing and Manufacturing Industry
If you own a company in this field, in North Carolina you will unlock a recipe for success. So, if you want to run your business in the second largest state for food and beverage processing, where you can find more than a thousand manufacturing establishments and approximately 178 millions of customers, you are in the right place. Moreover, its geographical position and an amazing transportation network provide access to millions of hungry consumers and customers. And, you will not break your bank, as North Carolina has the lowest corporate income tax rate in the United States.
Because of numerous business advantages, bright new talent, and active entrepreneurial environment numerous major information technology companies call North Carolina home. Information technology job market is especially thriving in Raleigh-Durham and Charlotte. So, hurry up and find professional assistance for your move in Charlotte if you own a company in this field. Besides the ample job market, you will be able to enjoy the low cost of living and your tech startup will get some sort of funding from the state. Moreover, it is worth mentioning that strong female leadership is present in this industry as well, with women making up 35.6 percent of the total workforce.
Biotechnology and Pharmaceuticals
North Carolina is home to Research Triangle Park (RTP) and it is the largest research park in the United States of America. It comprises of more than 200 companies and more than 50,000 employees who specialize in biotechnology and pharmaceuticals. And thanks to the leading universities and some of the best medical schools in the state, the workforce here constantly works on breakthrough technologies and an innovative business environment.
Business and Financial Services
North Carolina has become a center for growth and opportunity. What is more, it has a leading location for business and financial services. That is because North Carolina is home to the second-largest banking center in the United States of America. And when you combine that with an amazing business climate, highly educated workforce and low cost of living, you will create a perfect place for business startups. Moreover, as previously mentioned, North Carolina is ranked No.1 for the lowest state and local tax burden in the United States.
Well, it goes without saying that North Carolina is the furniture capital of the world. It is home to the largest furnishings industry trade show in the world, the largest furniture store in the world, and to some of the largest furniture manufacturers in the world. So, if you are in the furniture business, what are you waiting for? Furniture makers, large and small, have everything they need here. And, because of that, there are more than 3,000 establishments and more than 36,000 employees in the state. Moreover, twice a year, you will have the opportunity to showcase your products in the High Point Market. That is the biggest furnishings industry trade show in the world.