August 8 2018
Economic Analysis, Employment/Workforce, Manufacturing, Regional/County Profiles

The Capital Region’s 2017 Economic Performance

The Capital Region’s annual job growth was on par with its 10 peer economic regions in 2017. Although the peer regions had lower unemployment rates than the Capital Region, they are also dealing with more austere labor force shortages and greater wage inflation, according to a Center for Economic Growth (CEG) analysis of data from

July 18 2018
Education/Training, Employment/Workforce

Capital Region STEM Degree Awards up 10% in 2017

The talent pipeline for the Capital Region’s technology sector continued to expand in 2017, with traditional colleges and universities throughout the eight counties seeing a 10.3 percent year-over-year increase in STEM degrees awarded, according to a Center for Economic Growth Analysis of new data from the Integrated Postsecondary Education Database System (IPEDS). Not including health-related

July 18 2018
Employment/Workforce, Manufacturing

Capital Region Manufacturing Employment Reached 16-Year High in 2017

Employment in the Capital Region’s manufacturing sector last year climbed to its highest level since 2001. In 2017, the eight-county region’s manufacturers drove a 1.6 percent annual net jobs gain to an annual average of 34,322. Employment was up 7.6 percent from five years earlier, according to a Center for Economic Growth (CEG) analysis of

June 13 2018
Economic Analysis, Employment/Workforce, General

Local Homeownership Rate Rises for First Time in 8 Years. What Does that Mean for the Labor Force?

The area’s homeownership rate last year rose for the first time since 2010. The uptick in this rate may provide clues to the area’s coinciding increase in its unemployment rate for the first time in six years, though economists remain divided over whether there is not only correlative but also a causal relationship between these

June 6 2018
Education/Training, Employment/Workforce, Manufacturing, News

KeyBank Foundation Awards CEG $250K to Expand MFG Training Programs at HVCC, SCCC

Media Contact James Schlett Center for Economic Growth Director of Research and Communications 518-465-8975 X221 | jamess@ceg.org CEG, partners are bridging the skills gap as Capital Region manufacturing employment reaches 16-year high ALBANY, NEW YORK – As employment in the Capital Region’s manufacturing sector climbs to a 16-year high, KeyBank Foundation today announced its award

Funding Partners