Wednesday, March 12, 2008

This can't be good news

From the Economic Policy Institute:
In 2006, public school teachers earned 15.1% lower weekly earnings than other employees with comparable education credentials and experience earned. In 1996, this wage disadvantage was only 4.3% (see Chart). Although the wage disadvantage for both male and female teachers has grown substantially over the last 10 years, in 2006 the gap was far larger among males (25.5%) than females (10.5%).


JB Powers said...

Relative to 10 years ago, this might be of some concern.

However, in absolute terms, it is rarely noted that teachers in Illinois at least can retire at age 52 or so, with full benefits and a pension = to their average salary.

I am not sure if the EPI is considering that pensions and early retirement in other jobs (including Catholic Schools) are long gone, remaining the exclusive domain of government workers.


Paul Botts said...

Retire at 52 with health benefits and annual salary paid forever? Damn. How many years of teaching service are required to get that?

JB Powers said...

30, in Evanston, and most of Illinois I think. The City is on a different system.