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Wall Street bonuses outpace minimum wage

Wall Street employees saw their typical annual bonus slip by 17 percent last year to $153,700, according to new data from the New York State Comptroller. But don't feel sorry for the banking set just yet -- even including down years like 2018, bankers' bonuses have jumped by 1,000 percent since 1985. If the minimum wage had kept pace with the same growth as Wall Street bonuses, the hourly baseline wage would be $33.51 an hour, an analysis finds.



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