Unbelievable

Thanks to Mish Shedlock for bringing this USA Today story to my attention in his blog.

According to a study done by USA Today, the number of federal employees earning in excess of 6 figures has exploded during the recession while over 7 million private sector jobs have been lost. Unbelievable.

This from the newspaper on December 11, 2009:

The number of federal workers earning six-figure salaries has exploded during the recession, according to a USA TODAY analysis of federal salary data.

Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession’s first 18 months — and that’s before overtime pay and bonuses are counted. Read more »