Wall St Bonus More Than Double The Earnings of 1 Mn Workers

March 12, 2015 12:39 am

We spotted this stat today:

“The Wall Street bonus pool rose to $28.5 billion last year, and the industry added jobs for the first time since 2011 even as profits in the securities sector fell, New York state’s budget watchdog said on Wednesday.

Wall Street bonuses have been a contentious issue since the financial crisis. This year’s pool was more than double the combined earnings of 1 million American full-time minimum wage workers, according to an Institute for Policy Studies.”

(Source)

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