New Yorkers’ Income Falling Fast

NEW YORK (CBS 2) — Economic times are tough all over, and the Big Apple is no exception.

For the first time in 70 years, income is falling for New Yorkers.

According to a New York state comptroller’s report, salaries are shrinking at a rate nearly twice that of the rest of the country, falling 3.1 percent this year.

Much of the blame is placed on Wall Street’s sinking fortunes.

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One Comment

  1. Kreig's a Maroon says:

    Please go to kriegsview!
    I’m DESPERATE!!!!

  2. Tea says:

    or maybe they are getting underpaid so that the company can spend all the money on giving the jacks on top who ruined the company huge bonuses.

  3. changes are coming says:

    see other information regarding unemployment and tax laws for 2011 at please vote in 26 days

Comments are closed.

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