SARATOGA — According to the NYS Department of Labor, the rate of unemployment in Saratoga County – by county of residence – was 7.8% for the month of August. In comparison, neighboring counties were: 8.5% Warren County; 7.9% Washington County, 8.4% Rensselaer County; 10.3% Schenectady County; 9.0% Albany County. The August figures were released this week and September figures are anticipated for release Oct. 20, according to the state.
This week, the Saratoga County Chamber of Commerce reported:
• January through August 2020, Saratoga County has collected $78.2 million dollars in sales taxes, down 5.4% from the same period in 2019.
• Sales tax collections in the City of Saratoga Springs are down 14.3% or $1.2 million for this 8-month period in 2020 versus 2019.
• Saratoga County, year to date through August 2020, hotel occupancy is down 31% vs the same time in 2019.
• Saratoga Springs hotel occupancy is down 26.5% percent for the same time frame. While demand for hotels in the City and the County was up in January and February, it was down every month since, according to the Chamber of Commerce.