Public sector workers earn 7% more on average than their peers in the private sector — a pay gulf that has more than doubled since the recession began.Well, it's not really news, is it? It's NuLab that The Times is having a go at but the truth is that this is just what we should expect to happen when all three
Official figures show that staff employed by the state are enjoying bigger pay rises, working fewer hours and receiving pensions worth up to three times as much as those in the private sector.
There are now nearly 6.1m people employed by the British state — up 914,000 compared with 1997. They now represent more than 21% of the overall workforce, a higher proportion than in Germany, America and Australia, and four times as much as in Japan.I think the question is not whether one or more of them will hit the buffers as the drain of the parasitic public sector becomes greater than the ability of the wealth producers to feed, but which will be first.
Only Norway, Finland, Sweden and France had a higher share of public sector workers, when the Organisation for Economic Co-operation and Development (OECD) last published a report on main world economies in 2005.
I can't laugh or swear about this. It's so depressing I'm in misanthropic overload.