Chart: Employment and Wage Trends in New York City (including on Wall Street)
By Global Macro Monitor
Great data from from the BLS. The average annual wage in New York’s financial industry more than tripled from 1990 to 2009. These numbers, even though employment in the industry declined by close to 20 percent, make us want to occupy Wall Street, not in the tents but on 33rd floor!
Because most cannot, however, this is one of the reason they’re camped out in Zuccotti Park and no doubt the data provides them more ideological ammunition. Stay tuned.