Wall Street Bonuses, March 2017
Securities industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in New York City’s securities industry increased by 1 percent to $138,210.
Securities industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in New York City’s securities industry increased by 1 percent to $138,210.
Securities industry profits rose dramatically in 2017 for the second consecutive year and the average bonus paid to industry employees in New York City jumped 17 percent to reach $184,220.
Securities industry profits in 2018 were 11 percent higher than the previous year, but the average bonus paid to industry employees in New York City declined by almost 17 percent to $153,700.
The Metropolitan Transportation Authority (MTA) is responsible for operating the largest mass transit system in the nation, with an average weekday ridership in 2009 totaling nearly 5.1 million.
The Long Island Rail Road (LIRR) is the largest commuter railroad in the nation. In 2016, the LIRR carried 89.3 million riders, the most since 1949.
In 2017, the Long Island Rail Road (LIRR) had its worst on-time performance in 18 years. An estimated 9.2 million riders were inconvenienced by trains that were late, canceled at the terminal before departing, or terminated en route before reaching their destinations.
Every day, New York City’s eight million residents face a mix of urban noise—street traffic, construction, emergency vehicles, buses, subways and air traffic are just a few examples—which, at best, poses an annoyance and, at worst, impacts quality of life.
New York City has always been a gateway to opportunity for people from around the world. Successive waves of immigration created a melting pot of cultures that left its mark on the City’s history and its neighborhoods.
Spanish | Russian | Chinese | Korean | Haitian-Creole
New York City is undergoing its largest and longest job expansion since World War II. More than 700,000 jobs have been added during the past eight years (a gain of nearly 19 percent), pushing employment to uncharted levels.