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State remains one of ten best states for business in
annual rankings
7/28/09 In its annual grading of state business climates
released on Friday, cable-network CNBC ranked Georgia’s workforce best in the
nation. In addition to workforce, Georgia scored highly in the cost of
living category and transportation and infrastructure ranking.
According to the network, their workforce ranking was based
on: “the education level of (a state’s) workforce, as well as
the numbers of available workers… We also looked at the relative
success of each state’s worker training programs in placing
their participants in jobs.”
“Year after year, Georgia earns national recognition
for our hard work to attract and grow business,” said Governor
Sonny Perdue. “The measures cited by CNBC are what bring
companies like NCR and KIA to our state, and why Georgia will thrive as the nation’s
economy recovers.”
CNBC utilized 40 distinct measures of competitiveness in 10
broad categories to rank states. Georgia ranked third nationally in
cost of living and had the nation’s third best transportation
and infrastructure network. The state’s education ranking
climbed five spots from last year. In addition, the state
remained in the top 20 for cost of doing business, technology
and innovation, business friendliness and access to capital.
The CNBC accolades are just one of many accolades that Georgia
has earned this year for its business friendly practices. In
June the state was one of 11 states to win the Silver Shovel
Award from Area Development magazine for its excellence in
economic development. In May the Kauffman Index of
Entrepreneurial Activity showed that Georgia was first in the nation in
entrepreneurship. Also, Georgia ranked eighth in the annual
Pollina Corporate Top 10 Pro-Business States for 2009.
CNBC’s complete rankings can be found at
http://www.cnbc.com/id/31392646/ .
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