Wednesday, September 09, 2009

Federal Pay Continues Rapid Ascent

If only everybody could work for the Government -- that would solve all our problems!

http://www.cato-at-liberty.org/2009/08/24/federal-pay-continues-rapid-ascent/

The George W. Bush years were very lucrative for federal workers. In 2000, the average compensation (wages and benefits) of federal workers was 66 percent higher than the average compensation in the U.S. private sector. The new data show that average federal compensation is now more than double the average in the private sector.

Figure 1 looks at average wages. In 2008, the average wage for 1.9 million federal civilian workers was $79,197, which compared to an average $49,935 for the nation’s 108 million private sector workers (measured in full-time equivalents). The figure shows that the federal pay advantage (the gap between the lines) is steadily increasing.

Posted via email from The Blue Pelican

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