The Capital Region’s output of STEM and health-related degrees remained steady in 2024, even as its higher education institution landscape underwent significant changes, according to a Center for Economic Growth (CEG). In 2024, 17 traditional colleges1 and universities in the eight-county region awarded 3,396 STEM degrees,2 down 0.8 percent
The Capital Region’s professional, scientific and technical services sector created a record number of jobs in 2023, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Census Bureau’s Business Dynamics Statistics series. In the eight-county Capital Region in 2023, the professional, scientific and
The Albany-Schenectady-Troy metropolitan statistical area (MSA) last year saw its number of inter-county commuters surpass pre-pandemic levels as the ranks of Saratoga County residents working from home decreased and those working in other counties increased, according to a Center for Economic Growth analysis of new one-year estimates from the U.S.
CEG Summer Internship Engagement Program attracts more young adults Young Adult (18-35) Population Changes from April 1, 2020-July 1, 2024 Albany-Schenectady-Troy MSA: 1st Most young adult net gains among NY metros Schenectady County: 3rd Largest young adult net gain among NY counties Albany County: 6th Largest young adult net
The ZIP codes covering Saratoga Springs, Latham, Schodack and downtown Albany had the Capital Region’s largest annual net gains in employment in 2023, according to a Center for Economic Growth (CEG) analysis of new County Business Patterns data from the U.S. Census Bureau. In 2023, 140 ZIP codes in the
The Capital Region’s ranks of gig workers increased by nearly 2,000 in 2023 as more people delivered packages for online companies and rented real estate, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Census Bureau Nonemployment Series. In 2023, the eight-county region had
The Capital Region in 2024 was New York’s third fastest-growing region for jobs – boosted by state government employment that climbed to a 16-year high, according to a Center for Economic Growth (CEG) of new Quarterly Census of Employment and Wages (QCEW) data from the New York Department of Labor.
A security clearance is becoming an increasingly in-demand qualification in the Capital Region as local tech workers play a greater role in manufacturing semiconductor devices for the U.S. Department of Defense and information security for the U.S. Department of Energy, according to a Center for Economic Growth (CEG) analysis of
As Capital Region students prepare to graduate this spring, those receiving degrees from local community colleges are increasingly getting jobs at manufacturers. In fact, among the state’s 10 economic development regions, community colleges in the Capital Region over the past decade saw the largest increase in graduates working in
The Capital Region’s nonprofit sector is slowly recovering from the heavy job losses it sustained during the pandemic, according to recently released data from the U.S. Bureau of Labor Statistics (BLS). Every five years, BLS releases employment statistics for private sector 501(c)(3) nonprofit organizations, such as tax-exempt charitable organizations, churches
