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I will admit it makes the case that statistics are applicable, but I suppose I'd like to see Manhattan as an exception then rather than all of NYC. Where are y
by apaprocki 14y ago
I will admit it makes the case that statistics are applicable, but I suppose I'd like to see Manhattan as an exception then rather than all of NYC.
Where are you getting this $28k figure from? BLS[1] more recently stated that the median wage was $758/wk in 2012 Q3 (~$40k/yr).
[1]: http://www.bls.gov/news.release/pdf/wkyeng.pdf
- hapless 14y agoThe BLS figures you cite only include full-time hourly and salaried workers. These are the upper crust of employment in America. My figure comes from payrolls reported to the Social Security Administration: http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2011 http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2011 "By definition, 50 percent of wage earners had net compensation less than or equal to the median wage, which is estimated to be $26,965.43 for 2011." 28k was a peak value from a graph that adjusted old dollar values to present dollars. (The SSA data is unadjusted for inflation.)
- hapless 14y agoSomething I should have mentioned yesterday: Manhattan alone, county of New York, has a higher poverty rate than NY state as a whole. Urban poverty and inequality are inescapable facts in NYC.