Federal work pays better, government study finds

Douglas Elmendorf is director of the Congressional Budget Office, which led the pay and benefits study. Federal civilian workers, on average, get 16 percent more in wages and benefits than their private-sector counterparts, according to a study more

San Francisco Chronicle ( 1/30/2012 7:57:00 PM -08:00 )

Federal Worker Pay: This Much Is Too Much

By Clive Crook Overall, the federal government paid 16 percent more in total compensation than it would have if average compensation had been comparable with that in the private sector, after accounting for certain observable characteristics of workers more

The Atlantic ( 1/30/2012 5:14:10 PM -08:00 )

CBO weighs in with a report on wages

A report by the Congressional Budget Office will add fuel to the ongoing controversy about federal pay, and it is the workers who will feel the heat. The report compares private- and public-sector pay and finds that Uncle Sam's staff sometimes comes more

Washington Post ( 1/30/2012 5:02:41 PM -08:00 )

CBO: Feds paid more than private employees

By John Fritze Federal government workers earn 16 percent more than their counterparts in the private sector, according to a report released by the non-partisan Congressional Budget Office on Monday that is sure to play into the heated debate over more

Baltimore Sun (blog) ( 1/30/2012 3:51:08 PM -08:00 )

Federal Pay vs. Private Sector Compensation
	By ANNIE LOWREY Public sector pay is a subject of long-simmering dispute — examined in previous posts on this blog. Many right-leaning organizations argue that federal workers make more than their private-sector counterparts and that the disparity is more
New York Times (blog) ( 1/30/2012 3:36:47 PM -08:00 )

Many federal workers out-earn comparable private sector employees, and

WASHINGTON — The average federal worker earns about 2 percent more than a private sector worker in a comparable profession, though the government's generous pension system means that overall compensation is significantly higher, a government study more

Washington Post ( 1/30/2012 3:23:17 PM -08:00 )

Many Federal Workers Out-Earn Private Sector Labor: Study

ANDREW TAYLOR 01/30/12 05:38 PM ET AP WASHINGTON — The average federal worker earns about 2 percent more than a private sector worker in a comparable profession, though the government's generous pension system means that overall compensation is more

Huffington Post ( 1/30/2012 2:48:32 PM -08:00 )

Are Most Federal Workers Overpaid? CBO Says Yes

By Jordan Weissmann The less educated you are, the better it is to work for the federal government -- at least when it comes to your paycheck. That's more or less the finding of a new study by the Congressional Budget Office, which compared federal more

The Atlantic ( 1/30/2012 2:40:09 PM -08:00 )

CBO makes it official: Federal workers get better benefits
	Federal workers enjoy much better benefits — including health insurance, retirement and paid vacation — than private sector workers, according to a new report from the Congressional Budget Office. The federal government spent an average of 48 percent more
Politico ( 1/30/2012 2:15:33 PM -08:00 )

CBO: Federal workers make more than their private-sector counterparts

The Congressional Budget Office has found that the federal government pays slightly more in average wages and significantly more in benefits than the private sector. But the advantages mostly accrue to less-educated workers, while compensation for more

Washington Post (blog) ( 1/30/2012 2:07:24 PM -08:00 )

Federal Worker Pay: How Much is Too Much?

By Megan McArdle Differences in wages between federal employees and similar private-sector employees in the 2005-2010 period varied widely depending on the employees' level of education. Federal civilian workers with no more than a high school more

The Atlantic ( 1/30/2012 1:27:42 PM -08:00 )

CBO: Federal Workers Get 16% More than Private Sector
	The Congressional Budget Office found Monday that federal workers are compensated 16 percent more than comparable private sector workers on average. The finding is bound to inflame disputes between Republican and Democrats on how much to reduce the more
Fox News ( 1/30/2012 1:23:49 PM -08:00 )

CBO says federal employees rake in much more pay
	By Stephen Dinan Buoyed by generous benefit packages, federal workers earn significantly better compensation than similarly educated workers in the private sector, according to a report released Monday from Congress' chief scorekeeper that threatens to more
Washington Times ( 1/30/2012 6:03:13 PM -08:00 )

CBO: Federal Compensation 16% Higher Than Private Sector
	By Ian Smith You can have a summary of the latest headlines from FedSmith.com delivered right to your email inbox each business morning. The service is free and you don't get junk e-mail as the price of your subscription. Sign up to get started! more
FedSmith.com ( 1/30/2012 5:51:05 PM -08:00 )

One way or another, federal employment pays off

The quick conservative answer is: Obviously, yes! considering that average federal wages are slightly higher than average private-sector wages, while federal benefits are way more expansive than private-sector benefits. The quick liberal response: more

NewsOK.com ( 1/30/2012 5:35:36 PM -08:00 )

CBO Study on Federal Pay

CBO has released a study comparing the wages and benefits of private sector and federal non-military workers. The study uses statistical techniques to make comparisons with adjustments for education level, experience, and other factors. more

Cato @ Liberty ( 1/30/2012 5:21:11 PM -08:00 )

Are Government Employees Overpaid?

Today the Congressional Budget Office released a report comparing compensation of federal employees with comparable workers in the private sector. This chart sums up the results: Overall, the federal government paid 16 percent more in total more

Power Line (blog) ( 1/30/2012 5:12:49 PM -08:00 )

CBO study: Federal workers earn 16% more than private sector workers

The average federal employee earns 2% more money than their private-sector counterparts and 16% more in total compensation, which includes health and pension benefits, according to a study released today by the nonpartisan Congressional Budget Office. more

GlobalPost ( 1/30/2012 4:54:24 PM -08:00 )

Chart of the Day: Federal Government Pay vs. Private Sector Pay
	The Congressional Budget Office weighed in today on the fraught subject of whether federal employees are paid more than comparable workers in the private sector (full report here). Their analysis attempted to control for occupation, years of work more
Mother Jones ( 1/30/2012 4:52:42 PM -08:00 )

Public-private pay gap varies greatly by education level

Though federal employees on average make more than their private sector counterparts, the story changes when the statistics are broken down by education level, according to a new study by the Congressional Budget Office. In a comparison of civilian more

NEWS.GNOM.ES (press release) ( 1/30/2012 4:02:56 PM -08:00 )

EU summit: UK and Czechs refuse to join fiscal agreement

Star wire services Related Fear grips global markets, sending stocks tumbling Obama: US has 'always been and always will be a triple-A country' What you need to know about the US credit slip Greek stock market tumbles to 14-year low Why it's better the more

Toronto Star ( 1/30/2012 8:04:34 PM -08:00 )

EU summit: UK and Czechs refuse to join fiscal agreement
	Twenty-five of the EU's 27 member states have agreed to join a fiscal treaty to enforce budget discipline. The Czech Republic and the UK refused to sign up. UK Prime Minister David Cameron said his government would act if the treaty threatened UK more
BBC News ( 1/30/2012 7:51:16 PM -08:00 )

AG to receive treaty text after Cabinet meets

By Ann Cahill and Shaun Connolly The EU's fiscal treaty holds no fears for the Government, Enda Kenny said, but the final decision on a referendum could rest with the courts. This morning the Taoiseach will ask the Cabinet for approval of the text of more

Irish Examiner ( 1/30/2012 5:08:51 PM -08:00 )

EU leaders endorse sanctions against Iran

BRUSSELS - The European Union (EU) leaders on Monday endorsed the latest restrictive measures against Iran. The leaders of the 27-member bloc briefly touched upon foreign relations during the summit held in Brussels, mentioning sanctions adopted by the more

China Daily ( 1/30/2012 5:06:33 PM -08:00 )

25 EU members to join treaty on rescue fund

BRUSSELS - A total of 25 European Union (EU) member states would join and sign a new fiscal treaty designed to enshrine tighter deficit and debt discipline, European Council President Herman Van Rompuy said here late on Monday. more

China Daily ( 1/30/2012 4:46:42 PM -08:00 )

25 EU Nations to Sign Treaty to Stop Overspending
	All European Union countries except Britain and the Czech Republic agreed Monday to sign a new treaty designed to stop overspending in the eurozone and put an end to the bloc's crippling debt crisis, while EU leaders also pledged to stimulate growth more
ABC News ( 1/30/2012 4:46:09 PM -08:00 )

Tough new eurozone treaty proposes to cap deficits
	BRUSSELS – European Union leaders agreed Monday to move forward with a plan to forge a tighter budgetary union among countries that use the euro currency, including tougher sanctions on nations that spend beyond EU-set limits. more
USA TODAY ( 1/30/2012 4:22:26 PM -08:00 )

25 EU states agree treaty to toughen budget rules
	THE GOVERNMENT will ask Attorney General Máire Whelan today to prepare formal legal advice on whether a referendum is required to ratify Europe's new fiscal treaty. EU leaders struck a deal last night on the terms of the pact, whose objective is to more
Irish Times ( 1/30/2012 4:09:53 PM -08:00 )

Ministers braced for likely Supreme Court challenge

THE AGREEMENT of Europe's new fiscal treaty raises the prospect that the Government might have to ask the people to endorse the pact, something it would rather not do given the risk of a defeat. In Government circles, well-placed sources say there is a more

Irish Times ( 1/30/2012 4:07:18 PM -08:00 )

EU nations to sign fiscal compact

EU leaders have agreed on a new treaty designed to stop overspending in the euro zone to help end the bloc's sovereign debt crisis. But, Britain and the Czech Republic have not signed up to the "fiscal compact" with Petr Necas, the Czech prime minister more

Al Jazeera ( 1/30/2012 4:06:35 PM -08:00 )

E.U. leaders sign stricter fiscal pact

By Sue Chang, MarketWatch SAN FRANCISCO (MarketWatch) — European Union leaders on Monday endorsed a treaty aimed at strengthening accountability and keeping a closer eye on member nations' efforts to rein in overspending and resolve the region's debt more

MarketWatch ( 1/30/2012 4:02:38 PM -08:00 )

Sweden PM: Sweden To Join Fiscal Pact, Czechs To Stay Outside

By Charles Duxbury Of DOW JONES NEWSWIRES Sweden's prime minister said Monday that his country, along with 24 of the 27 members of the European Union, had agreed to sign up to the EU's fiscal pact aimed at, among other things, boosting competitiveness. more

Wall Street Journal ( 1/30/2012 3:49:09 PM -08:00 )

EU Leaders Agree On New Budget Treaty
	French President Nicolas Sarkozy (left), German Chancellor Angela Merkel (center) and Italian Prime Minister Mario Monti (right) speak together ahead of the EU leaders summit in Brussels. By RFE/RL 25 of 27 European Union member states have agreed on a more
RadioFreeEurope/RadioLiberty ( 1/30/2012 3:48:25 PM -08:00 )

We have not done enough, says European Union leader
	European Council President Herman Van Rompuy (above) gives a joint press conference with European Commission President Jose Manuel Barroso following a European Union summit at the EU headquarters on Jan 30, 2012 in Brussels. -- PHOTO: AFP BRUSSELS (AP) more
Straits Times ( 1/30/2012 3:46:27 PM -08:00 )

Irish Prime Minister To Seek Cabinet Approval Of Fiscal Compact

BRUSSELS (Dow Jones)--The Irish prime minister will seek his cabinet's approval Tuesday of the new fiscal accord reached Monday at a European Union leaders' meeting in Brussels, in order to then refer it to the country's attorney general for her more

Wall Street Journal ( 1/30/2012 3:34:48 PM -08:00 )

Eurozone leaders sign up to budget controls
	European leaders agreed on a permanent rescue fund for the eurozone, and 25 out of 27 EU states backed a fiscal pact for stricter budget discipline in the eurozone, while a deal on Greek debt is expected in "days". Only Britain and the Czech Republic more
Telegraph.co.uk ( 1/30/2012 3:32:41 PM -08:00 )

EU leaders back fiscal pact, bigger firewall

Top officials from the European Union met Monday in Brussels to discuss economic reforms and steps to contain the debt crisis in the eurozone. NEW YORK (CNNMoney) -- European Union leaders agreed Monday to strengthen a financial firewall and most more

CNN International ( 1/30/2012 3:26:55 PM -08:00 )

Czech Republic joins UK in rejecting EU treaty

BRITISH Prime Minister David Cameron has found an ally in Europe after the Czech Republic joined the UK in refusing to sign a controversial European Union treaty handing more powers to Brussels. Some 25 out of the 27 member countries have signed the more

Herald Sun ( 1/30/2012 3:16:18 PM -08:00 )

European fiscal pact gets support of 25 nations

By Wallace Witkowski A previous version of this story misidentified what most EU member nations had supported. 25 out of 27 nations supported the fiscal compact treaty. SAN FRANCISCO (MarketWatch) -- President of the European Council Herman Van Rompuy more

MarketWatch ( 1/30/2012 3:14:35 PM -08:00 )

A quick look at the EU fiscal compact

(AP) The leaders of 25 of the 27 European Union states on Monday agreed on a new treaty — known as the fiscal compact — designed to stop overspending in the 17 countries that use the euro as their currency. Only the UK and the Czech Republic, more

CBS News ( 1/30/2012 2:44:39 PM -08:00 )

Trade Protest Is Planned on Eve of a Chinese Leader's Visit

	HONG KONG — As the White House prepares for a Washington visit by the man who is expected to run China for the coming decade, trade tensions between the United States and Beijing are on the rise. On Tuesday, a coalition of big American labor unions, more
New York Times ( 1/30/2012 7:47:26 PM -08:00 )

China Loses Trade Appeal Over Its Curbs on Exports

By TOM BARKLEY WASHINGTON—A World Trade Organization appeals panel ruled against China's efforts to limit the export of raw materials used in the steel and chemicals industries, a decision that could provide the US and Europe with ammunition against more

Wall Street Journal ( 1/30/2012 6:36:40 PM -08:00 )

Top China Stories from WSJ: Japan Tourism, WTO Defeat, Shanghai Aspirations

Chinese Tourists Return to Japan in Big Numbers: After being scared off by the Fukushima Daiichi nuclear accident, Chinese tourists are visiting Japan in record numbers again, generating much-needed business and optimism for the nation's struggling more

Wall Street Journal (blog) ( 1/30/2012 5:54:09 PM -08:00 )

WTO: China rare earth trade defies rules

By Joshua Chaffin and Alan Beattie, FT.com In a picture taken on September 5, 2010 a man driving a front loader shifts soil containing rare earth minerals to be loaded at a port in Lianyungang, east China's Jiangsu province, for export . more

CNN International ( 1/30/2012 4:42:50 PM -08:00 )

What's News—

A WTO appeals panel ruled against China's efforts to limit the export of raw materials used in the steel and chemicals industries, in a case that could prompt the US and Europe to target similar restrictions in the export of rare earths minerals. more

Wall Street Journal ( 1/30/2012 3:42:17 PM -08:00 )

WTO says China unfairly limits export of nine raw materials

AP The World Trade Organization ruled Monday that China unfairly limited exports of nine raw materials to protect domestic manufacturers. A WTO appeals body rejected China's appeal of a July ruling that concluded the Asian economic powerhouse had more

Los Angeles Times ( 1/30/2012 3:32:34 PM -08:00 )

In Victory for the West, WTO Orders China to Stop Export Taxes on Minerals

HONG KONG — The appeals panel of the World Trade Organization ruled on Monday that China must dismantle its system of export taxes and quotas for nine widely used industrial materials. The legal setback for Beijing could set a precedent for the West to more

New York Times ( 1/30/2012 3:10:47 PM -08:00 )

China urged to lift rare earth sales after WTO ruling

By Joshua Chaffin in Brussels and Alan Beattie in Washington The EU has demanded that China loosen its policy on sales of rare earth materials after the World Trade Organisation upheld a ruling that Beijing's policies to limit raw material exports more

Financial Times ( 1/30/2012 2:32:57 PM -08:00 )

WTO rejects China appeal on rare earths

World Trade Organisation judges rejected China's appeal of a ruling that found restrictions on exports of nine raw materials break global rules and give the country's manufacturers an unfair edge over competitors. The WTO concluded on July 5 that more

Sydney Morning Herald ( 1/30/2012 2:26:46 PM -08:00 )

China breaks trade rules: WTO

THE World Trade Organization on Monday upheld its ruling that Chinese restrictions on key raw material exports broke trade rules following an appeal by Beijing. China must bring its duty and export quota measures on elements including magnesium and more

NEWS.com.au ( 1/30/2012 1:25:36 PM -08:00 )

China Loses WTO Appeal on Export Restrictions

China has lost an appeal at the World Trade organization over the export of raw materials. The WTO Monday upheld a ruling that China could not restrict exports of key raw materials including bauxite, magnesium, manganese and zinc. more

Voice of America (blog) ( 1/30/2012 12:40:42 PM -08:00 )

China loses WTO appeal over raw materials exports
	The World Trade Organisation's appeals body has upheld a ruling that China restricted exports of certain raw materials to protect its domestic manufacturers. China had appealed a WTO ruling in July that it broke global trade rules. more
BBC News ( 1/30/2012 12:19:36 PM -08:00 )

USW Lauds US Victory in Challenge to China's Raw Materials Export Restraints

WASHINGTON, Jan. 30, 2012 /PRNewswire via COMTEX/ -- The decision announced today by the World Trade Organization (WTO) is a huge victory for American workers. In clear and unequivocal language, the WTO stated that China's decision to limit the export more

MarketWatch (press release) ( 1/30/2012 12:13:37 PM -08:00 )

WTO Rejects Chinese Appeal of Ruling Against Mineral Curbs

By Jennifer M. Freedman Jan. 30 (Bloomberg) -- World Trade Organization judges rejected China's appeal of a ruling that found restrictions on exports of nine raw materials break global rules and give the country's manufacturers an unfair edge over more

BusinessWeek ( 1/30/2012 12:03:56 PM -08:00 )

WTO Rules in Favor of European Union against China's Export Restraints on Raw

WASHINGTON, Jan. 30, 2012 /PRNewswire via COMTEX/ -- The Appellate Body of the World Trade Organization (WTO) confirmed today the findings made by a Panel in July 2011 that China's export restrictions on several industrial raw materials are in breach more

MarketWatch (press release) ( 1/30/2012 11:59:29 AM -08:00 )

WTO Rules That Chinese Export Restrictions Broke Trade Rules
	Bulldozers scoop soil containing various rare-earth elements to be loaded onto a ship at the port in Lianyungang, in China's eastern Jiangsu Province, for export to Japan. The World Trade Organization has upheld its ruling that Chinese restrictions on more
RadioFreeEurope/RadioLiberty ( 1/30/2012 11:44:02 AM -08:00 )

China's WTO materials appeal fails

The World Trade Organisation has upheld a ruling that Chinese restrictions on key raw material exports broke trade rules. The World Trade Organisation has upheld its ruling that Chinese restrictions on key raw material exports broke trade rules. more

RTE.ie ( 1/30/2012 9:21:35 AM -08:00 )

China loses appeal in WTO export restrictions case
	GENEVA (Reuters) - China lost an appeal at the World Trade Organization on Monday against its export restrictions on raw materials including bauxite, coke, magnesium, manganese, and zinc. The United States, European Union, Canada, Turkey and Mexico had more
Moneycontrol.com ( 1/30/2012 9:02:29 AM -08:00 )

China Regrets WTO Ruling on Raw Material Exports

Chinese officials regret that the World Trade Organization (WTO) has upheld its ruling against China in a raw materials export case, the Ministry of Commerce (MOC) said Tuesday. China welcomed the WTO's support for China's appeal on major issues in the more

CRIENGLISH.com ( 1/30/2012 7:24:10 PM -08:00 )

SBB Special Report: China outside WTO obligations

US steel industry trade groups are applauding a decision by the WTO Appellate Body yesterday that China's export restraints on industrial raw materials are inconsistent with its WTO obligations. The decision, which effects the steel, aluminum and more

Steel Business Briefing (subscription) ( 1/30/2012 5:12:37 PM -08:00 )