October 11 2018
Employment/Workforce

The Capital Region Goes on a Hiring Spree

With a low unemployment rate and high private sector employment, the Capital Region’s economy is continuing to see strong job growth as the number of local job openings continues to rise. Even with employment in the eight-county region’s private sector climbing in 2017 to its highest level in more than 18 years, there is momentum

October 3 2018
Employment/Workforce, Manufacturing

Celebrating the Capital Region’s Manufacturing Industries

As Manufacturing Day is celebrated this Oct. 5, it is important to remember that while large manufacturers, such as General Electric, GLOBALFOUNDRIES and Regeneron Pharmaceuticals, have helped turn the Capital Region into a thriving manufacturing metro, they are not alone in making the area stand out on the national level. In fact, these manufacturers operate

September 10 2018
Employment/Workforce

Employment in Downtown Albany at 8-Year High

Business activity in Albany’s greater downtown area continues to rebound, with the number of people working there climbing to an eight-year high, according to a Center for Economic Growth (CEG) analysis of data from the U.S. Census Bureau’s ZIP Code Business Statistics. As of 2016, the 12207 ZIP code, which loosely covers the city’s downtown

September 10 2018
Employment/Workforce

Inclusive Labor Force Growth in the Capital Region

With the Capital Region’s unemployment rate dipping below 4 percent this spring and summer, the region’s five-year economic development plan, Capital 20.20, is looking more prescient in its emphasis on reaching out to hard-to-reach populations.   Hard-to-Reach Populations For the region’s economy to continue to grow, it is imperative for the region’s educational, industry and

August 8 2018
Economic Analysis, Employment/Workforce

Capital Region Economic Stability

Last May, the Capital Region’s unemployment rate dropped below 4 percent, ending its third longest steak above that level since 1990 (23 months). Often referred to as a threshold, either psychological or arbitrary, the sub-4 percent rate signals economic strength. However, issues remain about sustainability. Although the region has taken few trips below this threshold

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