Employer Costs: Public Sector Versus Private Sector

The Bureau of Labor Statistics reports:

Private industry employers spent an average of $27.42 per hour worked for total employee compensation in December 2009, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $19.41 per hour worked and accounted for 70.8 percent of these costs, while benefits averaged benefits averaged $8.00 and accounted for the remaining 29.2 percent. Total compensation costs for state and local government workers averaged $39.60 per hour worked in December 2009.

The special class of workers is cleaning up. Via Mark Perry.