The compensation of government workers rose at a faster pace than workers in the private sector in 2023, the Labor Department said Wednesday.
The employment cost index for employees of state and local governments rose 4.6 percent last year. That was only slightly less than the 4.8 percent gain seen in the previous year.
The index that tracks private sector employment costs rose by a smaller 4.1 percent.
Those figures are not adjusted for inflation. After adjusting for inflation, government employment costs rose 1.3 percent while the private sector’s rose by 0.9 percent.
Wages in the government sector rose 4.7 percent. Private sector wage costs were up by 4.3 percent.
Ok, so this must be the time that teachers b#%*^ about being underpaid, right?
In reality with inflation at 3.4% it comes to 1.3 percent my 6% came to 2.6 most of which will be taken by the IRS. Politians and CEO’s are the only ones coming out on top.
And still people refuse to become Unionized. I just don’t get it.
SMH
Democrats buying them off !!!
Nothing new about that. Govt doesn’t have to “earn” income, just raise taxes or print money. It has always been that way. Every new function becomes a pyramid of workers. By the way, welcome to world war III. Look for the military DRAFT to reactivate it’s function..
The government workers for the most part are the most overpaid, underqualified, and underperforming group of workers in the world!
Contractors do most of the actual work when the civil servants stay out of the way!