Moments ago Barack Obama announced the hike of the minimum wage of workers under federal contracts from $7.25 to $10.10. Which got us thinking: just how disenfranchised really are Federal workers in the US?
On the chart below, try to guess, without peeking, which is the average salary of a Federal worker in the US and which is the average per capita income for all Americans.
What about on a median basis? Well, to answer that we go back to our chart of the day from December 3 “Chart Of The Day: What’s Bad For America Is Good For… Washington, D.C.” which while not providing Federal Worker data, has the median income for a resident of DC versus that of the average American.
Source: Office of Personnel Management, Bureau of Business and Economic Research, UNM
via Zero Hedge http://ift.tt/1esijBk Tyler Durden