County Wage Growth Leads Colorado
Adams County employees are enjoying the largest wage growth numbers in Colorado. In a report published Tuesday by the Federal Bureau of Labor Statistics, employees in Adams County recorded the most impressive gains among Colorado’s largest counties at 5.1 percent. The increase in wages comes as the unemployment rate in the county dropped to 3.9 percent, down from 4.4 percent in 2015 and 6.2 percent in 2014.
“The combination of new jobs and higher paying jobs for our residents can be attributed to the diverse field of employers throughout the county,” said Commissioner Steve O’Dorisio. “The county has reduced the permit review timeline by 71 percent and we’re starting to see the benefit of that with more businesses looking to build and bring jobs to Adams County.”
Nationwide, average weekly wages rose 4.4 percent last year.