Monday, October 12, 2015

Remember when folks wanted to get jobs with General Motors or Ma Bell?

Those days are gone forever -- Helicopter moms don't want their kids to grow up and enter careers in the private sector anymore!  It's no longer "Get into plastics!" as The Graduate was advised ---

Why -- because besides the chance of lay-offs, firings, and those other prickly career set backs ... the pay, perks, job security are much better when working for the gob'mint at the tax payers expense.

America’s 2.1 million career civil service workers make on average 78 percent more in total compensation than private sector workers, according to new datacompiled by the U.S. Bureau of Economic Analysis.
The total compensation average for federal workers is $119,934, including the value of leave, insurance and other perks, or 78 percent more than the average total compensation for private sector employees of $67,246. The BEA analysis excluded U.S. Postal Service workers.
The 2014 average federal salary in 2014 of $84,153 compared to $56,350 for all private sector workers. The 2014 salary average represented the first annual increase since 2011 when a partial pay freeze was implemented in a budget deal between President Obama and House Republicans.
The federal government has become an elite island of secure and high-paid employment, separated from the ocean of average Americans competing in the economy,”said Chris Edwards. Edwards is tax policy studies at the Cato Institute and editor of the libertarian think tank’s www.DownsizingGovernment.org.

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