Because Wall Street firms added jobs this year, the average bonus was up only 2% to $173,000. The Institute for Policy Studies (IPS), a Washington, D.C., think tank, immediately whipped out a report putting those amounts in perspective. … Read the full article...
While noting that Wall Street jobs typically involve high stress and have been subject to repeated rounds of downsizing, DiNapoli added: “It’s great work if you can get it.” Average Americans aren’t getting it, according to an analysis by the...