Friday, February 3, 2012

The Average Teacher in Wisconsin Has a Smaller Salary Than the Median Wisconsin Household.

I didn’t believe it at first either, but digging into the data showed otherwise.
Let’s back up. When you do these statistics you have to do them carefully, because you have to compare the total compensation between different types of jobs. Benefits, health insurance, hours worked per week, etc.

EPI’s Jeffrey Keefe had a follow-up last week from his original research where he provides a chart of different types of public employees and their mean and median income, along with some distributional statistics.

One thing that jumps out is that, using his chart, the mean is only ~3% more than the median for unionized Wisconsin public workers. That’s a pretty tight and symmetrical distribution. Normally, if some people are being more rewarded than others to a large degree, then the mean should skyrocket above the median. For Police and Sherriff’s Patrol Officers, the median is actually higher than the mean, which you rarely see in labor markets. Read more.....

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