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Federal vs. Private-Sector Pay and the Depth of the Recession

If you polled the average person on the street on which segment of the population makes more money — the private sector or federal employees — most would probably say the private sector. But not so according to a USA Today analysis.

Federal employees make 20% more than a private-sector workers in the same occupation, the newspaper discovered. Federal workers out-earn their counterparts in more than eight of 10 occupations. The articles includes some great detail, including a long table comparing wages of specific occupations:

In other news today, the February BLS jobs report is out and the unemployment rate held steady at 9.7%. Job losses are starting to peter out but check out this graph from Economix on employment declines in recent recessions. Startling to the say the least.

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