Tuesday, September 15, 2009

Government pay now double that for the private sector

Cato Institute's Chris Edwards takes a look at a new study that shows government bureaucrats now earning twice the pay and benefits of workers in the private sector.
Are they worth it?

The Bureau of Economic Analysis has released its annual data on compensation levels by industry (Tables 6.2D, 6.3D, and 6.6D here). The data show that the pay advantage enjoyed by federal civilian workers over private-sector workers continues to expand.

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