New York Post Online Edition: "March 27, 2004 --
Wall Street employment will rise by 2.5 percent to 3 percent, base salaries will increase 10.8 percent and bonuses will rise 27.2 percent this year, the Securities Industry Association told city budget planners.
If the group's report, , 'The Street, the City and The State,' released yesterday, turns out to be right, a lot more money will be pouring into the coffers of New York City's government.
'The industry and the city are both recovering, and we should start to see job growth at some point,' said SIA chief economist Frank Fernandez, who delivered the estimates to city officials working on the city's 2005 budget. "
Wall Street employment will rise by 2.5 percent to 3 percent, base salaries will increase 10.8 percent and bonuses will rise 27.2 percent this year, the Securities Industry Association told city budget planners.
If the group's report, , 'The Street, the City and The State,' released yesterday, turns out to be right, a lot more money will be pouring into the coffers of New York City's government.
'The industry and the city are both recovering, and we should start to see job growth at some point,' said SIA chief economist Frank Fernandez, who delivered the estimates to city officials working on the city's 2005 budget. "
0 Comments:
Post a Comment
<< Home