All Blog Posts from Econwatch

Read all 'job loss' posts in Econwatch

May 12, 2009 3:06 AM

It's A Good Time To Work For Uncle Sam

(AP Photo/Charles Dharapak)


President Obama's call last year for "shared sacrifice" doesn't extend to federal employees, at least based on the details of his administration's 2010 budget released this week.

At a time when the official unemployment rate is nearing double digits, and 6.35 million people are receiving unemployment benefits, the U.S. government is on a hiring binge.

Executive branch employment -- 1.98 million in 2009, excluding the Postal Service and the Defense Department -- is set to increase by 15.6 percent for the 2010 fiscal year. Most of that is thanks to the Census Bureau hiring 102,000 temporary workers, but not counting them still yields a net increase of 2 percent in one year.

There's little belt-tightening in evidence in Washington, D.C.: Counting benefits, the average pay per federal worker will leap from $72,800 in 2008 to $75,419 next year.

Read full post…

Tags:
employment ,
job loss ,
unemployment ,
hiring
Topics:
Employment

About Econwatch

News and analysis on the state of the economy from CBS News.

E-Mail EconWatch

Add to your favorite news reader
google
yahoo
msn
  • MOST POPULAR
Discussed
  1. Iran OKs 10 New Uranium Enrichment Sites

    (254 recent comments)