Greater Rochester, NY is one of the most productive regions in the country, ranking third in college degrees per capita and #1 for degrees in STEM fields, according to the latest U.S. Department of Education reports. And 63 percent of the regional population has at least some college education, several points ahead of the national average. Our workforce outperforms regions three times our size -- it's no wonder our region thrives in attracting talent and innovative businesses.
Our scientists and engineers are behind the technology powering a mission on Mars, a cancer-preventing vaccine, and powerful fuel cell technology. Maybe this is why The Brookings Institution ranked Rochester, NY among the nation's top cities for patent generation. Many other impressive rankings are listed here. In workforce development, the Greater Rochester region is leading the way in the U.S.: in its inaugural Workforce Playbook report released in 2019, the Aspen Institute named Monroe Community College one of the top 6 college systems in the nation creating the most innovative strategies and training programs to meet real-time hiring needs of area employers. MCC is praised for using data and cultivating strong relationships with businesses, prioritizing their growth to inform curriculum.
The Greater Rochester, NY region ranks 10th among Small Tech Talent Markets across the U.S. and Canada for recent growth in millennial population. (source: CBRE, 2018)
Productivity drivers, as identified by area employers, are:
- High-quality labor
- High employee retention
- Low absenteeism
- Short commutes
|EMPLOYER RATINGS ON LABOR QUALITY | (1= POOR, 5 = EXCELLENT)
|Willingness to work overtime
|Productivity compared to that or company's other sites
Source: Greater Rochester Chamber of Commerce Annual Turnover &Absenteeism Survey, March 2019
An emphasis on education, plus an unusually large higher education sector, ensures a technically-sophisticated and reliable workforce as well as top-tier talent attraction. New companies can take advantage of exceptional local talent while enjoying low labor, land and real estate costs. All of these factors combined with an exceptional quality of life gives the Greater Rochester, NY Region a location advantage over competing U.S. metro areas.
Greater Rochester’s private sector unionization rate is 5.7%
The new NYS Workforce Development Initiative (WDI) is now accepting applications using the Consolidated Funding Application (CFA) web portal. Full details on the WDI and access to the CFA are available at the new website.