View Full Version : Avg. weekly pay in Manhattan: $1,913.

December 30th, 2004, 11:34 AM
The following story was published in the December 30, 2004 edition of The New York Post. It undermines the groundless claims of those that troll Skyscarperpage.com that wages in SF are the highest in America!



December 30, 2004 -- Manhattan wage earners have the fattest wallets in town, and scored the largest increase among any of America's 317 large counties, according to data released yesterday by the U.S. Department of Labor.
The Manhattan clock puncher cashed an average weekly check of $1,913 21/2 times the national average of $758.

Manhattan also had the greatest rate of wage growth in the nation, at 13.6 percent, according to the Bureau of Labor Statistics.

The data compared the first quarter of 2004 to the same quarter of 2003.

Financial activities led the Manhattan list in the so-called Top 10 supersectors. The Wall Street types made $5,680 a week on average followed by the information industry at $2,130, then professional and business services at $1,799. Leisure and hospitality was the lowest-paid supersector at $676.

The positive figures, especially the financial numbers, were a robust improvement over 2003, the bureau said.

"Wall Street tends to be New York's hometown industry and it affects the entire city," said Michael Dolfman, regional commissioner for the Bureau of Labor Statistics. "The city was still feeling the effects of 9/11 and the recession [in 2003]. But this is positive. Financial services are coming back. This is a strong showing of what's happening in the city."

The wheeling and dealing in Manhattan could only be admired from afar by the good folks of Jamaica, Flatbush, Fordham or New Dorp who found four-digit salaries well beyond their means. In fact, none of the other boroughs could even reach the $758 national average.

The Queens average weekly wage was $749, The Bronx $686, Staten Island $659 and Brooklyn $665. The corresponding growth increase for each of the outer boroughs was Brooklyn at 5.6 percent, Staten Island 4.9 percent, Queens 3.0 percent and The Bronx 1.9 percent.

Nationally, Brooklyn had the 43rd-highest wage increase among large counties, Staten Island placed 61st, Queens 153rd and The Bronx 240th. The Department of Labor classifies a large county as one with 75,000 jobs or more.

Supersector rankings, by professions, are not available for the outer boroughs.

Besides Manhattan, the top counties in wage increases were Suffolk, Mass., (near Boston) at 12.6 percent; San Mateo, Calif., (near San Francisco) at 10.8 percent; Olmstead, Minn., (near Rochester) at 10.4 percent, and Loudoun, Va., (near Washington) at 10.1 percent.