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Many Federal Workers Out-Earn Private Sector Labor

Many Federal Workers Out-Earn Private Sector Labor

By Andrew Taylor WASHINGTON (AP) -- 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 released Monday said. Once pension ...

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There May Be a Raise in Your Future

There May Be a Raise in Your Future

You'll be glad to note that there's a bit of a bright spot on the economic horizon -- the pace of annual wage gains for private sector workers is expected to improve, and there's a good chance you'll be getting a raise -- at least a slight one. But you'll have to wait until later this year, according to BNA's ...

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Private Sector Job Growth Slumps in May

Private Sector Job Growth Slumps in May

By Leah Schnurr NEW YORK - Companies hired far fewer workers than expected in May and output in the manufacturing sector slowed to its lowest level since 2009, raising concerns that the U.S. recovery is running out of steam. Economists slashed their forecasts for Friday's closely watched U.S. payrolls ...

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Private Sector Adds 179,000 Jobs in April: ADP

Private Sector Adds 179,000 Jobs in April: ADP

Private employers added 179,000 jobs in April, coming in shy of economists' expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP Employer Services report would show a gain of 198,000 jobs. ...

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93,000 New Private Sector Jobs, But Not Enough to Reduce Unemployment

93,000 New Private Sector Jobs, But Not Enough to Reduce Unemployment

The stock market cheered the November 2010 jobs report with a more than 200 point gain. As ADP reports, 93,000 private sector jobs had been created during November, the biggest increase in three years. Also, the October 2010 figures were revised upwards, from 43,000 to 82,000. But there's no euphoria among ...

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