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Translation: Please do the work for me...after all, I am a federal employee.
Sure, I don't mind doing your work at all, and I'm a retired federal employee ;-):
Starting with 1969 as a base of 100, and counting all raises through January 2010, a comparison of the federal employee pay with the private sector discloses the following:
Federal Pay current index value - 528.0
Private Sector current index value - 732.3
Cost of Living index - 577.0
So, federal pay increases have significantly trailed the private sector over the past 40+ years, and even trailed the increases to the cost of living index
Sure, I don't mind doing your work at all, and I'm a retired federal employee ;-):
Starting with 1969 as a base of 100, and counting all raises through January 2010, a comparison of the federal employee pay with the private sector discloses the following:
Federal Pay current index value - 528.0
Private Sector current index value - 732.3
Cost of Living index - 577.0
So, federal pay increases have significantly trailed the private sector over the past 40+ years, and even trailed the increases to the cost of living index
What about adding in relative unemployment rates in the public and private sectors.
In other words, when unemployment skyrocketed in the unprotected class vs. the steady rise in employment in the sheltered public sector the relative income per person changes dramatically.
What about adding in relative unemployment rates in the public and private sectors.
In other words, when unemployment skyrocketed in the unprotected class vs. the steady rise in employment in the sheltered public sector the relative income per person changes dramatically.
In other words: having a secure job is bad and we need to get rid of it because MY job isn't secure.
Enough to overcome a 200+ index advantage in private employment?
I've seen Bureau of Labor Statistics gross monthly employment data indicating that the number of folks working has held steady the past decade or so, while unemployment increased. Could be due to the overall population increase, that would be one explanation of the variance between steady employment and some growing unemployment.
Private sector here. In 2011 I made more than double what I did in 2010. In 2012 I should make another 30% more than I did in 2011.
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