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Actually, the topic is employment opportunities here in the Triangle.
Saturnfan has made claims about "traditional labor base" versus tech, which is a false comparison. Tech has been here for a long time and is an integral part of the employment make-up of the Triangle.
Actually, the topic is employment opportunities here in the Triangle.
Saturnfan has made claims about "traditional labor base" versus tech, which is a false comparison. Tech has been here for a long time and is an integral part of the employment make-up of the Triangle.
You made a lot of assumptions from his post. The context he said it in sounds like he meant traditional to mean the average triangle family.
United Therapeutics will be great for Durham. Durham's RTP area is doing a great job of growing despite the climate of jobs disappearing in other places. For folks that may move here to be part of this company's expansion, there are many wonderful homes to enjoy in the Durham area. Lots of new shopping and restaurants are in the works around Durham, so we should be ready when our new residents get here.
Well the median family income in Raleigh is 70k. That isn't exactly a lot if you are trying to buy a 500k + house.
The average home isn't $500,000. It's in the 200's. The price of homes to income ratio is NOT 7:1. Let's not feed hysteria. There's enough of that already on this forum.
Sony Ericsson adding jobs in RTP: It's looking to beat iPhone in U.S (http://www.tradingmarkets.com/.site/news/Stock%20News/1105218/ - broken link)
Keep 'em coming. Businesses know we are where it's at in America.
Your enthusiasm is admirable, but I'm afraid that you might be wearing some thick rose-colored glasses (similar to the ones worn by some Triangle homeowners).
I sincerely hope that you end up being right and that the Triangle does prove to be recession (or depression) proof. But recent economic news has me feeling more than just a little nervous... and considering the want ads in the Sunday News and Observer are half the size that they were just six months ago, it's getting harder to share in your optimism.
One of the greatest attributes of business as a whole is the way it adapts. The farmers moved to the city for manufacturing jobs. When those positions became a victim of outsourcing, the economy became more service based. Now, citizens in many areas of the country are pushing for green jobs.
Areas of the county have economic turmoil when the entire regional economy is based on one industry. I just don't think that is true in the Triangle. Yes, we do have a lot of IT jobs. But, we have a vibrant medical industry, many colleges in a small radius, state jobs, and many, many other industries. Additionally, the Triangle has some great attributes that will keep people relocating here. Love it or hate it, the relocations will continue to help the Triangle's economy.
Imagine all these positive vibes from an educated gal that was laid-off from Corporate America twice before the age of 30.
On a doom and gloom note (and to be more on topic of the OP).... Isn't Yahoo a big client of Net App? Wonder if those jobs will materialize if Yahoo is sold?
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