Education and Workforce

Wake County and the Raleigh-Cary MSA have a highly desirable workforce, particularly for industries seeking highly trained workers.

Higher Education

Higher EducationThe anchor universities of the Research Triangle – The University of North Carolina, North Carolina State University, and Duke University – offer an unmatched talent pool in a variety of areas including technology, engineering, programming and business disciplines. In addition to these leading educational institutions, the Raleigh-Cary MSA has seven more four-year colleges. For a complete list, click here.

Wake Technical Community College is the state community college in Wake County, and features seven campuses. In addition to serving its students, Wake Tech is business and industry’s go-to place for specialized training and services as well as serving as the small business development center affiliated with the Small Business Administration.  Wake Tech is in the process of expanding to an eighth campus located in Morrisville’s Perimeter Park. Wake Tech can assist in job profiling using Work Keys and (when eligible) connect businesses to workforce grants to assist in training.

Within Morrisville, there are currently four university and college satellite campuses.

K-12 Education

School BuildingWake County, particularly Western Wake County where Morrisville is located, has some of the best K-12 schools in the country.

Morrisville Elementary School and Cedar Fork Elementary School located in Morrisville are part of the Wake County Public School System. The primary public high schools for Morrisville residents are Green Hope High School and Panther Creek High School, both of which are Schools of Excellence. Green Hope has a 94 percent graduation rate and Panther Creek has a 95 percent graduation rate.

Workforce

North Carolina is a right-to-work state and has a low rate of union participation.

As of May 2016, the Raleigh-Cary MSA unemployment rate was 4.1 percent.

As of May 2016, the North Carolina unemployment rate was 5.1 percent.

Educational Attainment

Bachelor’s Degree
Morrisville: 42.8%
Wake County: 31.3%
U.S.: 17.9%

Graduate or Professional Degree
Morrisville: 21.9%
Wake County: 16.4%
U.S.: 10.6%

Source: U.S. Census Bureau, 2008-2012 American Community Survey

Workers Compensation

According to the National Council on Compensation Insurance, North Carolina workers compensation legislation and insurance rates are generally more fiscally responsible and cost employers less money than in other states.

For additional information, please contact the following agencies:

NC Industrial Commission
4340 Mail Service Center
Raleigh, NC 27699
919.807.2501

NC Rate Bureau
5401 Six Forks Road
Raleigh, NC 27609
919.582.1053

Unemployment Insurance

2016 Taxable wage base – $22,300
Standard rate for company new to NC (First two years) – 1%
Minimum rate – 0.06%
Maximum rate – 5.76%

For more information, contact:
North Carolina Employment Security Commission, UI Division
PO Box 26504, 700 Wade Avenue
Raleigh, NC 27611-6504
919.707.1150