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rdean
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National Institute on Retirement - Out of Balance?
The study provides an original analysis of data from the U.S. Bureau of Labor Statistics and finds that:
Jobs in the public sector typically require more education than private sector positions. Thus, state and local employees are twice as likely to hold a college degree or higher as compared to private sector employees. Only 23% of private sector employees have completed college as compared to about 48% in the public sector.
Wages and salaries of state and local employees are lower than those for private sector employees with comparable earnings determinants such as education and work experience. State workers typically earn 11% less and local workers 12% less.
Public workers receive less pay, gap widens
The Center for State and Local Government Excellence's president, Elizabeth Kellar, said that there is a "looming workforce crisis" in the public sector, as a wave of retirement and low pay collide, leaving holes in many highly skilled slots.
"Hiring managers told us that, despite the economy, they find it difficult to fill vacancies for highly skilled [public sector] positions such as engineering, environmental science, information technology and health care professionals," said Kellar. "The compensation gap may have something to do with this."
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Those jobs aren't filled because half the country thinks education is unneeded, liberal and for snobs.
The study provides an original analysis of data from the U.S. Bureau of Labor Statistics and finds that:
Jobs in the public sector typically require more education than private sector positions. Thus, state and local employees are twice as likely to hold a college degree or higher as compared to private sector employees. Only 23% of private sector employees have completed college as compared to about 48% in the public sector.
Wages and salaries of state and local employees are lower than those for private sector employees with comparable earnings determinants such as education and work experience. State workers typically earn 11% less and local workers 12% less.
Public workers receive less pay, gap widens
The Center for State and Local Government Excellence's president, Elizabeth Kellar, said that there is a "looming workforce crisis" in the public sector, as a wave of retirement and low pay collide, leaving holes in many highly skilled slots.
"Hiring managers told us that, despite the economy, they find it difficult to fill vacancies for highly skilled [public sector] positions such as engineering, environmental science, information technology and health care professionals," said Kellar. "The compensation gap may have something to do with this."
-------------------------------------------
Those jobs aren't filled because half the country thinks education is unneeded, liberal and for snobs.