The first year of the pandemic took its toll on the ranks of freelancer, independent contractors and other nonemployer establishments in regions across New York, but the Capital Region was the only one where their total sales, value of shipments, or revenues increased. While Capital Region nonemployer establishment losses were
The Capital Region’s number of active licenses issued for breweries, wineries, distilleries, cideries and meaderies has increased by more than 20 percent over the past two years, and their employment growth is even more robust according to the Center for Economic Growth’s biennial survey of the regional craft industry. As
In 2022, employment in seven Capital Region sectors climbed to their highest levels in more than 20 years. While that was the most sectors in any of New York’s 10 economic development regions to break two-decade employment records, the Capital Region was 20,000 jobs short of its pre-pandemic total, according
The Capital Region’s labor force last spring for the first time saw its total number of workers rise above pre-pandemic benchmark levels, according to a Center for Economic Growth analysis of preliminary data from the New York State Department of Labor.Last April – the same month the U.S. declared the
As employers struggle to fill jobs, Capital Region manufacturers, retailers and warehousing operators are having better success at attracting workers from other sectors than they did before the pandemic, when compared to employers in healthcare and construction, according to a Center for Economic Growth (CEG). Fewer Job Flows In
Sand and gravel mining operations for Callanan Industries (left), R.J. Valente (right). As road crews head out this spring to work on roads and other construction projects, they are being supported by a mining industry in the Capital Region that has grown to one of the
CEG Tours German MFGs for Apprenticeship Best Practices Morcon Tissue, Eagle Bridge Employment in Capital Region’s manufacturing sector last summer grew to its highest level in more than two decades – driven by manufacturers such as Plug Power, BelGioioso Cheese, Morcon Tissue and Medline Industries, according to a Center
Boosted by its manufacturing sector, Saratoga County last summer had the nation’s 15th fastest growing weekly average wage among the 356 largest U.S. counties, according to new a Center of Economic Growth (CEG) analysis of new data from the U.S. Bureau of Labor Statistics. During the third quarter of 2022,
Capital Region unemployment last year fell to its lowest level in more than three decades, according to a Center for Economic Growth analysis of New York State Department of Labor data. Preliminary data shows the eight-county region’s 2022 unemployment rate was 2.9 percent. Before last year, the lowest the region’s
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
