“I cain’t quit you!” Chart proves that government employees are overpaid

Are government employees overpaid? If you listen to the union goons, the answer is a resounding no. If you take even a cursory glance at this chart, the answer is an even more resounding yes.

government-employee-quit-rate

Are government employees overpaid? If you listen to the union goons, the answer is a resounding no. If you take even a cursory glance at this chart, the answer is an even more resounding yes.

Daniel J. Mitchell has an interesting analysis that will help you pick a side in the dispute:

government-employee-quit-rate

..the Bureau of Labor Statistics has a Job Openings and Labor Turnover Survey, and this “JOLTS” data includes a measure of how often workers voluntarily leave job, and we can examine this data for different parts of the workforce.

Every labor economist, right or left, will agree that higher “quit rates” are much more likely in sectors that are underpaid and lower levels are much more likely in sectors where compensation is generous.

Not surprisingly, this data shows state and local bureaucrats are living on Easy Street. As the chart illustrates, private sector workers are more than three times as likely to quit their jobs.

If we were betting men, we’d bet that private sector workers are also three times as likely to be fired from their jobs. At least three times as likely. Maybe more like ten times.

Source: Daniel J. Mitchell

16 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
I HATE THE MEDIA ™
Verified by MonsterInsights