With its abundance of government and technology jobs, Lexington has one of
the nation's most stable economies. Lexington has been described as having
"a fortified economy, strong in manufacturing, technology and
entrepreneurial support, benefiting from a diverse, balanced business
base". The Lexington Metro Area had a July 2008 unemployment rate of only 5.4%.
Lexington was named the 4th best city for "Businesses and Careers" in
2011 by Forbes Magazine, the 5th best city for Young Professionals in 2008 and
6th Best Value Cities 2011 by Kiplinger. As such, the city is home to several
large corporations. The city has