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NYC's Wall Street versus Main street wage gap

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NYC's Wall Street versus Main street wage gap

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21 segments

0:00

$400,000.

0:02

That's the average wage gap between Main

0:04

Street and Wall Street here in New York

0:06

City. The average New York City salary

0:08

is $129,000,

0:11

but keep in mind that's up 45% from

0:13

2015. Size that up to Wall Street pros

0:16

in securities, their average salary is

0:19

$561,000.

0:22

[music] Work in finance or insurance?

0:24

Well, the average salary there is

0:25

$426,000.

0:27

[music]

0:28

In New York City, a healthcare worker's

0:30

average salary is $73,000.

0:33

But keep in mind, there is the most

0:36

amount of job opportunities available.

0:37

[music] If you work at a restaurant or a

0:39

bar in New York City, the average salary

0:41

there is $48,000. All while the cost of

0:44

living is going up for everyone.

Interactive Summary

This video highlights the significant wage disparity in New York City between the financial sector and other industries, while noting the rising cost of living.

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