Labor Bureau: Govt. Workers Paid 40% More Than Private Workers

Wall Street JournalGovernment Workers Cost More to Employ:

It costs about $12 more per hour to employ a state or local government worker versus a private sector employee, the Labor Department said Wednesday.

Employers spent $39.81 per hour worked for state and local government workers in the first quarter compared to $27.73 per hour for those with private industry jobs. The numbers are part of the Labor Department’s quarterly series on employer costs for employee compensation and they wrap in wages and salaries as well as health benefits such as health insurance and retirement packages.

Hat tip to Mish.

Comments are closed.