May 16 2018
Employment/Workforce, General

Area Has One of Northeast’s Smallest Pay Gaps for Women Working Full-Time

Women working full-time in the Albany-Schenectady-Troy metropolitan statistical area (MSA) face the smallest pay gap in upstate New York and the fourth smallest in the Northeast. Even more, those working in the local management, utilities and manufacturing sectors are closest to earning as much – if not more – than

May 16 2018
Employment/Workforce

Capital Region’s Unemployment Rate Returns to No. 1 in NYS

CEG intensifies efforts to boost employment by tapping talent from inside and outside the region The Capital Region in 2017 reclaimed its standing as having the lowest unemployment rate in New York, tying the Long Island region. At 4.4 percent, the eight-county region’s unemployment rate was its ninth lowest in

May 16 2018
Employment/Workforce

Success Story: Talent Connect Expanding Representation of CEG Investors at Career Fairs

With both the regional and national economies running at full employment and intensifying the competition for talent, the Center for Economic Growth (CEG) is aggressively expanding its efforts to attract highly skilled workers to the Capital Region. This year CEG’s Talent Connect program is quintupling the number of career fairs

May 11 2018
Employment/Workforce, News

KeyBank Business Boost & Build Program, Powered by JumpStart, Awards $110K to Center for Economic Growth, Community Loan Fund and Excelsior Growth Fund to Fund Collaboration in New York’s Capital Region

PR Newswire Program awards grants across Upstate New York to help economic development organizations connect with small businesses in underrepresented communities ALBANY, N.Y., May 11, 2018 /PRNewswire/ — Today, the KeyBank Business Boost & Build program, powered by JumpStart, awarded $110,000 to the Center for Economic Growth (CEG) in collaboration with

April 17 2018
Employment/Workforce

Region’s Minority Unemployment Rate Drops

The region’s black unemployment rate has fallen to its lowest level in years. In 2016, the Albany-Schenectady-Troy metropolitan statistical area (MSA) had a black unemployment rate of 12.5 percent, compared to 13.8 percent the previous year. Recently, that rate had climbed as high as 15.9 percent in 2013 according to

March 15 2018
Education/Training, Employment/Workforce, Manufacturing, News

Apprenticeship program designed to boost manufacturing workforce

Daily Gazette By: John Cropley Schools, economic development agencies collaborate to cut red tape COLONIE — Capital Region manufacturers having trouble finding skilled workers can now get help through a new apprenticeship program. The Center for Economic Growth is partnering with the Manufacturers Association of New York on the initiative

March 10 2018
Employment/Workforce, General, News

Program in the works for apprenticeships

Times Union Buzz The Center for Economic Growth has been working hard to provide more workforce development programs to the region. After all, if you can’t find suitable workers for all the new jobs you create, you create problems for the companies you attract or get to grow here. One

March 7 2018
Employment/Workforce, News, Software/Gaming/IT

Video Game Development Cluster Becomes a Force in Capital Region’s Creative Economy

CEG’s first-of-its-kind regional survey finds cluster employs 350+, majority of studios are hiring The Capital Region’s video game development cluster has become a recognized force in the local creative economy and is poised to get bigger, with a majority of studios reporting hiring plans for the next 12 months, according

March 6 2018
Employment/Workforce, Manufacturing, News

CEG Partners with MACNY to Create Capital Region’s First Intermediary Apprenticeship Program

Program prepares region’s thriving manufacturing sector for next generation of workers With thousands of workers in the Capital Region’s manufacturing sector approaching or already beyond retirement age, the Center for Economic Growth (CEG) is partnering with the Manufacturers Association of New York (MACNY) to counter the wider skills gap that

February 13 2018
Education/Training, Employment/Workforce

Capital Region’s Educational Attainment Rate Climbs

New U.S. Census Bureau statistics show the Capital Region got smarter in 2016. The eight-county region’s ranks of adults at least 25 years old and with a bachelor’s degree or higher over the year increased by an estimated 2.4 percent to 251,637. That means 33.5 percent of the region’s adults

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