Report: Raleigh ranks No. 6 in 'best performing cities'
RALEIGH -- Raleigh is ranked sixth in the nation in the latest study of the best cities for creating and keeping quality jobs, the News and Observer reports.
The Milken Institute, a California think tank, released the report Wednesday. Co-author Ross DeVol said Raleigh is a "magnet for talent."
Raleigh ranks sixth in the large-city category, outranking Charlotte for the second time. Charlotte is ranked No. 12 on this year's list, up one spot from 2015.
Durham fell 19 spots, ranking No. 85 on the 2016 list. Fayetteville jumped 13 spots to No. 180.
"Raleigh, North Carolina's high-tech industry contributed to its stable position in the top tier; it represents a large share of the local economy and is growing much faster than the national average," the report stated.
Raleigh ranked among the top 20 in both wage growth and five-year job growth.
