Wages tell the story of Wall Street's rise and fall

07/30/2013 | Crain's New York Business

Overall, real wages in New York City have risen since 2000 but not since 2007, according to the latest statistics. For all industries, the average real wage rose from $65,902 in 2000 to $74,780 in 2007 and then declined to $69,895 in 2012. For Wall Street, the rise and fall was more dramatic, with wages rising from $270,055 in 2000 to $374,868 in 2007 and then dropping back to $313,278 in 2012.

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