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 the last 18 years, according

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 throughout the Northeast that it

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 a Center for Economic Growth

April 17 2018
General

Success Story: Vital Vio’s Light Shines Brighter Years after VentureB Pitches

In September 2014, Colleen Costello was in the midst of taking her anti-bacterial lighting system startup, Vital Vio, to the next level. That summer the company, founded two years earlier by Costello and her fellow Rensselaer Polytechnic Institute (RPI) alumnus James Peterson, was in the process of tripling its three-person payroll and on the verge

April 17 2018
Economic Analysis, Regional/County Profiles

Capital Region Population Growth Regains Momentum

The Capital Region was New York’s second fastest-growing region in 2017, with its population increasing over the year by 2,795, or 0.3 percent. This represented a return to more robust growth following three years of marginal gains. Over the past five years, the region’s population has grown by 0.4 percent, the third fastest rate in

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