Public Pay vs. Private Pay, Part II

I commented on this issue (see here) in the past, and thought it would be a good time to revisit the subject given what’s going on in Wisconsin, Ohio, and other states that are trying to balance their budgets.  The EPI, a non-partisan, progressive non-profit (whatever that means) came out with this study which suggests public employees in Wisconsin are paid less than their counterparts in the private sector.  The EPI makes an interesting point by normalizing pay on education, experience and a few other factors.  The primary focus seems to be  on education, and the EPI claims this is an apples-to-apples comparison (although they do not disclose exactly how the normalization calculations were performed).  Here are the raw numbers from the BLS, which show public  employee weekly pay, union and non-union (to say nothing about benefits) is greater than private employee union and non-union pay, at least at the state and local level.  Decide for yourself.  Meanwhile several states across the country remain in a financial bind.

-BRV

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