CBO Confirms Federal Government Workers Paid More than Private Sector

February 1st, 2012
in econ_news

Econintersect:  Sure to add more fuel to the political debates, a Congressional Budget Office study has now confirmed what most pundits have been claiming - federal salaries are higher than the private sector.

This study has accounted for level of education, years of work experience, occupation, employer's size, geographic location (region of the country and urban or rural location), and demographic characteristics (age, sex, race, ethnicity, marital status, immigration status, and citizenship).

Overall, the federal government paid 16 percent more in total compensation than it would have if average compensation had been comparable with that in the private sector, after accounting for certain observable characteristics of workers.

Follow up:

The only sector of private industry which paid better than the federal government sector were employees with a professional degree or doctorate.  Such federal employees received 18 percent lower total compensation than their private-sector counterparts.

source: CBO


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved