Education

Highly skilled. Growing strong.

A highly educated and skilled workforce supports each sector of the State’s economy. One quarter of the State’s adult population has four or more years of higher education, and more than one million undergraduate students attend the State’s 319 first-rate institutions of higher education. Right now, a significant pool of available workers with experience in engineering, electronics and manufacturing is ready to meet the needs of growing businesses. In manufacturing, New York ranks 9th in the nation for worker productivity and our labor costs are lower than most leading industrial states.

New York ranks second in the number of high tech establishments (16,700), third in the nation in high technology employment (364,887), third in high tech payroll ($25.8 billion) and fourth in venture capital invested ($2.2 billion) according to American Electronics Association’s Cyberstates 2002 report. New York is also home to more than 400,000 scientists and engineers including eight percent of the nation’s Ph.D.s.