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Private sector jobs include all the minimum wage stuff which have no benefits. Even Steve Jobs only makes $1 a year, those types of pay packages skew the resul
by jhancock 17y ago
Private sector jobs include all the minimum wage stuff which have no benefits. Even Steve Jobs only makes $1 a year, those types of pay packages skew the results as well. It would be more interesting to see averages segmented by job categories.
- yummyfajitas 17y agoMany public sector jobs have a market rate barely above minimum wage [1], but actually cost far more thanks to public sector unions. I don't know about California, but I know that NYC MTA garbage collectors (job: taking garbage out of the subway) make about $50-60k and gets to retire after 20 years of work. [1] Very few people, even highly unskilled workers, earn minimum wage. Market rate tends to be higher. [edit: to clarify, by "taking garbage out of the subway", I mean taking the trash bags out of the garbage cans and bringing them to the dumpster, sweeping, picking up refuse, etc. In the private sector, this does not cost $50-60k. I'm not talking about track work.]
- ct4ul4u 17y agoOne point, garbage collection is a risky job and there is a substantial risk premium built into the salary.
- patio11 17y agoGiven the observed difference between the salary of a (unionized) school janitor and a (non-unionized) cleaning crew worker for a hotel, whose job duties are essentially identical, I can only assume that either a) unions kill more people than cancer or b) that there is another factor at play besides risk premiums.