The Center for Economic Policy and Research has a new report that looks at government pay, "The Wage Penalty for State and Local Government Employees."
From the introduction:
When state and local government employees are compared to private-sector workers with similar characteristics -- particularly when workers are matched by age and education -- state and local workers actually earn 4 percent less, on average, than their private-sector counterparts. For women workers, the public-sector penalty is about 2 percent of earnings; for men, it is about 6 percent of earnings.
Here's a chart from the 20-page report that illustrates the education disparity between state and local government employees and the general population:
Click here to download the report. Thanks to blog user A for making us aware of the study.