By Terence P. Jeffrey, CNS
(CNS News.com) – San Francisco, California, led all of the nation’s 355 largest counties with the biggest decline in average weekly wages from the first quarter of 2021 to the first quarter of 2022, according to data released today by the Bureau of Labor Statistics.
San Mateo County, which sits just south of the City and County of San Francisco, had the second largest decline in average weekly wages.
The average weekly wage in San Francisco dropped by 9.1 percent from the first quarter of 2021 to the first quarter of 2022.
Even so, the average weekly wage in San Francisco was still $3,393—the second highest in the country after New York County (Manhattan), New York, where the average weekly wage was $4,064.
San Mateo County saw its average weekly wage drop by 9.0 percent from the first quarter of last year to the first quarter of this year. It hit $3,300.
In addition to San Francisco and San Mateo, only four other counties among the nation’s 355 largest saw their average weekly wages drop from the first quarter of last year to the first quarter of this year—and two of them (Santa Clara and Sonoma) were also in the Bay Area.
Continue reading at https://cnsnews.com/article/national/terence-p-jeffrey/san-francisco-leads-nation-year-year-decline-wages
TELL YOUR FRIENDS ABOUT CITIZENS JOURNAL Please keep us publishing – DONATE