Thursday, 01 December 2022 15:12

Saratoga County Records Largest 2nd Quarter Weekly Wage Gains In U.S.

Saratoga County Records Largest 2nd Quarter Weekly Wage Gains In U.S.

SARATOGA COUNTY — Saratoga County is “open for business.” According to the Federal Bureau of Labor Statistics report on county employment and wages, Saratoga County had the largest over-the-year percentage increase in average weekly wages in the second quarter of any county in the United States, at +16.3%.

“The exciting and encouraging news released today from the Federal Bureau of Labor Statistics proves that Saratoga County is one of the best places to live and work,” said Saratoga County Board of Supervisors Chairman Theodore T. Kusnierz, Jr. in a press release. “The Federal BLS identified Saratoga County as leading the nation in average weekly wage gains at an incredible 16.3 percent for the second quarter of 2022. This data is a testament to what we already know; that Saratoga County is open for business.”

An average weekly wage gain of $1,478 (+109.3 percent) in manufacturing was the largest contributor to the increase in average weekly wages, the release says.

“With the lowest sales tax and property tax rates in the state, we continue to attract record growth in our business, manufacturing, and residential communities,” Kusznierz said in the release. “We are proud of this distinction, which validates the smart approach to economic development that attracts the top companies, top talent, and top wages.”

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