About a third of New Yorkers earn under $27,000 per year: Study
More than a third of New Yorkers work low-paying jobs, including almost half of all workers who live in the Bronx, according to a study released Thursday.
The city overall saw an increase last year of about 4% in people working low-paying jobs compared to 2007, with every borough but Queens seeing increase, said the study, which was released by the Center for an Urban Future. A low-paying job is defined as one that pays less than $12.89, or about $26,800 yearly.
Brooklyn saw the biggest jump, with about 40% of resident working the jobs last year, compared to about 32% in 2007, while Queens had a 0.4% drop.
The overall uptick is "likely reflects the increased polarization of New York City's job market," the said study, adding that "a growing share of the decent-paying jobs being created in New York require at least a Bachelor's degree."
The study added that "the recent rise of the city's tech sector has added much-needed balance to New York's economy."
Nationwide, about 28% of adults work low-paying jobs.