November 16 2022

Capital Region Health Insurance Market Rebounds from COVID, Reaches Record Employment

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

November 16 2022
Employment/Workforce, Trade/Transportation

Capital Region Warehousing and Storage Industry Grows to 9th Largest in Northeast

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

August 22 2022
Employment/Workforce, News

Capital Region’s Gig Economy Grows, Ranks 2nd in NY for Nonemployer Growth

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

June 13 2022
Employment/Workforce, News

Capital Region Regained 8,000 Jobs in 2021

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

June 10 2022
Employment/Workforce, General

High School-Aged Workers Make Big Summer Comeback Amid Tight Labor Market

  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

June 7 2022
Employment/Workforce, General, News

Intern Managers! Connect Your Summer Interns with the Capital Region!

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

May 12 2022
Employment/Workforce, General

Capital Region Retirements Add to Labor Force Challenges

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,

April 14 2022
Employment/Workforce, Tourism

Warren County, NY is Among National Leaders in Summer Camp Recreation

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

March 14 2022
Education/Training, Employment/Workforce, News

The Capital Region STEM/Health Occupations with the Best Job Prospects

The nursing, software-IT and engineering fields dominate the Capital Region’s list of STEM and health-related occupations with the most favorable long-term growth outlooks, according to a Center for Economic Growth analysis of new estimates from the New York State Department of Labor. Between 2018 and 2028, NYS DOL projects 158

November 15 2021
Employment/Workforce, Manufacturing

Albany’s MFG Sector Has 10th Strongest Net Job Creation among Mid-Sized Metros

Among mid-sized metros, the manufacturing sector of Albany-Schenectady-Troy metropolitan statistical area (MSA) was the 10th strongest in the country for net job creation between 2015 and 2019 – and it was No. 1 in the Northeast, according to a Center for Economic Growth (CEG) analysis of new data from the

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