Wall Street Pay Recovers to Highest Level in a Decade

The video discusses the financial recovery since the crisis, highlighting that pay is at its highest in a decade. It analyzes the security industry's status in New York, noting it remains smaller than pre-crisis levels but with high salaries. The context of New York's high cost of living is explored, with average salaries being substantial yet challenging due to expenses. Public perception of Wall Street's income disparity is discussed, emphasizing the political context and the disproportionate earnings compared to the rest of the city and country.

What is the current status of the security industry in New York compared to the financial crisis period?

• It has doubled in size.

• It is 10% larger in volume.

• It has fully recovered in volume.

• It is 6% smaller in volume.

What is the average salary in New York for 2017, as mentioned in the video?

• $250,000

• $300,000

• $500,000

• $422,000

How does the high salary in New York affect local businesses?

• It causes them to close down.

• It has no impact on them.

• It negatively affects them.

• It makes them very happy.

What percentage of the security industry employees in New York earn more than $250,000 annually?

• About 1/4

• About 1/10

• About 1/2

• About 3/4

How does the salary of Wall Street employees compare to the rest of the city?

• They earn less than the rest of the city.

• They earn the same as the rest of the city.

• They earn disproportionately more.

• They earn slightly more.