Huge federal, state and local government unionization — much higher unionization
rates than in the private sector, including manufacturing — makes it very hard to trim fat from the government.
What's more, data from Aon Hewitt, the human resources and consulting company, shows government employees are both passively and actively looking for a new job at a slower
rate than in the private sector.
Not exact matches
Programs that provide skills development, mentoring and clear pathways to success from cradle to college and career, can generate benefits that are more
than three times their costs, exceeding the
rates of return seen
in many
private sector business investments.
The
private sector often demands
rates of return far greater
than public
sector borrowing costs, especially
in the current low interest
rate environment.
The US export
sector is getting the benefit of a lower dollar; there's a significant fiscal package
in the pipeline, which will add more
than 1 per cent of GDP to
private spending power; and sharp cuts have been made
in US official interest
rates, with financial markets expecting more to come.
The Update incorporates the October average
private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase
in employment insurance
rates of only 5 cents (employee
rate) for 2012, rather
than the 10 cents set
in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).
The PBO identified four key downside risks to the
private sector forecast: global growth, especially
in the U.S. could be slower
than anticipated; the appreciation of the Canadian dollar could adversely affect exports; sovereign debt issues
in Europe could restrain recovery there and put upward pressure on global interest
rates; and the high level of household debt
in Canada could restrain domestic demand.
The WCI for the public
sector continues to rise more quickly (at a
rate of 4.7 per cent
in year - ended terms)
than that for the
private sector (3.2 per cent).
«Conservative support is 38 per cent
in the public
sector, but 45 per cent
in the
private sector, while Labour's
rating is slightly lower
in the public
than the
private sector, at 26 against 29 per cent.
The research suggested that starting
rates for lower - paid admin civil service staff were «
in line with or slightly higher
than» those
in the
private sector.
«This comprehensive plan will reduce the tax
rate for middle class families to their lowest levels
in more
than fifty years, create thousands of new
private sector jobs, and begin to turn our economy around.
Nowhere has that been more acute
than the Southern Tier, where
private -
sector job growth is among the lowest
in the state, and according to five - year figures provided by the state's Budget Division, almost one - seventh the
rate of the Big Apple.
In the summer of 2016, PolitiFact New York
rated as True the governor's claim that 800,000 jobs had been created, the unemployment
rate fell by almost half, and the state had more
private sector jobs
than ever before.
During a press briefing
in Ontario County, Gov. Cuomo told a group of reporters that 800,000 jobs had been created, the unemployment
rate fell by almost half, and the state had more
private sector jobs
than ever before.
«We created 800,000 new jobs, we cut the unemployment
rate almost
in half and today New York State has more
private sector jobs
than it has ever had
in its history»
• On a year - ago basis,
private sector employment
in November was only 0.1 % higher
than in 2013, compared to a U.S. growth
rate of 2.3 %.
The unionization
rate is higher for the public
sector than for the
private sector (50 percent vs. 14 percent
in the EBS data), suggesting that unionization explains some portion of each of these patterns (see Figure 3).
In the most recent quarter for which data are reported, ending September 2008, the employer contribution
rate for public K — 12 teachers (14.6 percent) was 4.2 points higher
than that for
private -
sector professionals (10.4 percent).
The fact that Milwaukee voucher students advanced through their college years at better
rates than the comparison group indicates that their higher high - school graduation
rate was not driven by possibly - lower diploma standards
in the
private - school
sector.
•
In all but the private sector, parents of elementary - aged children are more satisfied with their schools than are parents of children in their high - school years, but charter schools gather higher rates of satisfaction than assigned district schools at all age level
In all but the
private sector, parents of elementary - aged children are more satisfied with their schools
than are parents of children
in their high - school years, but charter schools gather higher rates of satisfaction than assigned district schools at all age level
in their high - school years, but charter schools gather higher
rates of satisfaction
than assigned district schools at all age levels.
Specifically, POGO's study shows that the federal government approves service contract billing
rates — deemed fair and reasonable — that pay contractors 1.83 times more
than the government pays federal employees
in total compensation, and more
than 2 times the total compensation paid
in the
private sector for comparable services.
If the FAFSA isn't filed, your only loan options for the next academic year will be
in the
private sector — which typically come with much higher interest
rates than federal student loans.
Since the
rate of pay is usually lower
than it would be
in the
private sector, many military applicants face difficulties due to CCJs, IVA, arrears and defaults.
Interestingly enough, it is
in one sense harder to qualify for an FHA loan
than for many of the
private -
sector toxic loans which are now failing at impressive
rates.
But low interest
rates and weak prices have made homeownership more affordable
than it's been
in decades, the report noted, and several strong months of
private -
sector job growth
in early 2011 are «encouraging signs of a housing market rebound.»