Recession, not overpaid public sector employees to blame for state and local budget woes
A new report from the Center for Economic and Policy Research (CEPR) shows that state and local government workers pay a wage penalty compared to private-sector workers with similar characteristics. Recent media accounts have suggested that state and local workers earn more than private sector employees, but these analyses fail to control for the fact that public employees are on average older and have substantially more formal education than private sector workers, according to the CEPR report. Read the rest of this entry »

