Tuesday, August 17, 2010

US Inflation-Adjusted Pay Increases 2000-2009

According to a report in USA Today (2010, August 17), “After adjusting for inflation, military compensation rose 84% from 2000 through 2009. Compensation grew 37% for federal civilian workers and 9% for private-sector employees...” USA Today based the report on data provided by the Bureau of Economic Analysis (BEA). The chart below compares the inflation-adjusted pay increases for military personnel, Federal civilians, and private sector employees for the period 2000-2009.

[Click image to enlarge]

Source: Cauchon, D (2010, August 17), Military Towns Enjoy Big Booms, USA Today.

2 comments:

Mike Fournier said...

Somewhat misleading as military compensation probably started from a much lower base. But government workers who are already well paid, can count on increases regularly, where as those of us who work for a living must depend on profitability, the economy, etc., so that we can pay taxes so that government workers can get their increases.

Dr William J McKibbin said...

Hi Mike, I am still pondering the reported numbers and their meaning. Thanks for your comments and expressed sentiments.

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