Boosted by its manufacturing sector, Saratoga County last summer had the nation’s 15th fastest growing weekly average wage among the 356 largest U.S. counties, according to new a Center of Economic Growth (CEG) analysis of new data from the U.S. Bureau of Labor Statistics. During the third quarter of 2022,
Capital Region unemployment last year fell to its lowest level in more than three decades, according to a Center for Economic Growth analysis of New York State Department of Labor data. Preliminary data shows the eight-county region’s 2022 unemployment rate was 2.9 percent. Before last year, the lowest the region’s
The Capital Region’s health insurance industry last year realized its second largest annual gain in jobs in more than two decades and grew to record employment. Even more, the area’s health insurance industry now stands as the 11th largest in the country by employment and the third most concentrated, according
Since the start of the pandemic, employment in the Capital Region’s warehousing and storage has increased by 75 percent and has grown to the ninth largest industry in the Northeast, according to a Center for Economic Growth (CEG) analysis of data from the New York State Department of Labor and
Prior to the pandemic, the Capital Region’s gig economy was expanding. In fact, Greene, Schenectady and Columbia counties were among New York’s fastest-growing counties for nonemployer establishments, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau data. In 2019, the eight-county Capital Region had 75,148
The Capital Region regained more than 8,000 jobs in 2021 but four times that amount is still needed to return the eight counties to their pre-pandemic employment level. And although restaurants and bars were the biggest gainers of jobs in 2021, they also continued to sustain the heaviest losses since
High school students participate in Capital Region BOCES’s culinary program (left) and global fashion program with a retail window display project at the Colonie Center. Amid a tight labor force and abundance of summer job openings, high school-aged workers are leading the area in not only returning to
The Center for Economic Growth & CapNY have planned a series of summer events aimed at connecting your interns with the communities of the Capital Region. All programs are offered free of charge, though we do request that interns register ahead of time. The first event is the Summer in
Apprenticeships Emerge as Key Tool for Replacing Retiring Skilled Workers Capital Region NYSLRS retirements up 10.7% in 2021 Capital Region NYSTRS retirements up 18.5% in 2020 Capital Region households with retirement income surged – but before COVID CEG serving as apprenticeship program group sponsor for 10 trades ALBANY,
GLENS FALLS, NEW YORK – As parents and outdoors enthusiasts prepare to book summer trips to recreational and vacation camps, new data from the U.S. Bureau of Labor Statistics is revealing just how strongly that industry performed in Warren County, NY amid last year’s peak tourism season. Last July and
