80% of NYC Private-Sector Workforce Hit by Wage Cuts
(Crain’s) — Four out of five New Yorkers worked in private sector industries that suffered wage cuts last year, according to data released Friday by the city’s Independent Budget Office. The sheer number of employees impacted by the Great Recession helps explain why the city’s economic fortunes appeared so much gloomier than the relatively low job loss data suggested.
SEE ALSO
- Gym Etiquette 101: 10 Rules Every Respectful Member Should Follow
- 5 Beyoncé Hairstyles To Complete Your ‘Cowboy Carter’ Tour Look
- From Basic To Bomb: 5 Ways To Elevate Your Sex Game This Summer
- Boop, There It Is! Tony Nominee Jasmine Amy Rogers Is Making History As Broadway’s First Black Betty Boop — And She’s Just Getting Started [Exclusive]
- Diddy’s Sex-Trafficking Trial Kicks Off: Defense Says ‘Baby Oil’ Isn’t A ‘Federal Crime’ As Hotel Security Takes the Stand
