Wall Street Bonuses Decline But Still Dwarf Worker Pay Increases Since 2008 Crash

Wall Street Bonuses Decline But Still Dwarf Worker Pay Increases Since 2008 Crash

Since 2008, the average Wall Street bonus has climbed by more than 75 percent, compared to just a 54 percent increase in average earnings of all private sector workers and a 42 percent rise in manufacturing wages. If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $42.37 today.