According to News of the Weird, the New York Times recently noted:
Counting only the pool of bonus money (not regular salaries), employees of New York securities industries in 2014 earned roughly twice as much as the total income paid to all employees in the United States who worked full time at the federal minimum wage ($7.25 an hour).
(The statistic, from a report by the Institute for Policy Studies and reinforced by a University of Michigan professor using figures from the New York State Comptroller and the Bureau of Labor Statistics, was featured in a March New York Times analysis.) [New York Times, 3-13-2015]
When your your kids (or grandkids) ask you "what should I do when I grow up..." now you know what to to tell them....
Counting only the pool of bonus money (not regular salaries), employees of New York securities industries in 2014 earned roughly twice as much as the total income paid to all employees in the United States who worked full time at the federal minimum wage ($7.25 an hour).
(The statistic, from a report by the Institute for Policy Studies and reinforced by a University of Michigan professor using figures from the New York State Comptroller and the Bureau of Labor Statistics, was featured in a March New York Times analysis.) [New York Times, 3-13-2015]
When your your kids (or grandkids) ask you "what should I do when I grow up..." now you know what to to tell them....