Monday, March 5, 2012

Brother, Can You Spare an E-Dime?

The New York subway system has some 200 registered buskers, performing 150 shows a week. If the average three-hour show brought in $100, that would amount to almost $8 million a year. That?s not counting the illicit mariachi and break-dancing shows that take place in moving subway cars, let alone all the panhandlers. A survey by the National Coalition for the Homeless, a D.C.-based advocacy group, found that a typical panhandler works one or two three-hour shifts per day, making an average of $31.50 per shift. Multiplying by the estimated number of people actively soliciting on the streets across the country, the coalition estimates that panhandlers take in more than $100 million annually.

Source: http://feeds.slate.com/click.phdo?i=ed4ba2486e6f9c1a1bf61938575b87f8

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