This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Head Of Largest Federal Employee Union Blames Congressional Policies For Low Morale At Government Agencies

Federal employees feel "devalued, dispirited and discouraged" due to budget cutbacks, AFGE leader says

WASHINGTON, Dec. 18, 2013 /PRNewswire-USNewswire/ -- Federal employee morale is at an all-time low according to a new governmentwide survey, and the leader of the nation's largest federal employee union faulted Congress for pushing policies that favor spending cuts over economic growth.

(Logo: http://photos.prnewswire.com/prnh/20131120/MM21150LOGO)

"Pay freezes, furloughs and budget cutbacks are the reasons why federal employee morale is in the dumps, and lawmakers who have been leading the charge to slash government spending with abandon have no one to blame but themselves," American Federation of Government Employees National President J. David Cox Sr. said.

A report released today by the Partnership for Public Service, "Best Places to Work in the Federal Government," says 57.8 percent of federal employees are satisfied in their jobs, which is the lowest it's been since the survey began in 2003. The Partnership report is based on the Office of Personnel Management's annual survey of the government's more than 2 million workers.

Federal employees have had their pay frozen for an unprecedented three consecutive years, and many lost a week of wages this summer due to sequestration-related furloughs. New federal employees are being required to pay substantially more toward their retirement to help pay down the U.S. deficit. Meanwhile, budget cuts due to sequestration have resulted in hiring freezes, cutbacks in employee training and other reductions that have impaired service delivery to the public at many agencies.

"Politicians have been telling federal employees for years that they're not worth receiving a fair wage, that their jobs aren't worth funding, that the services they deliver to the American people aren't as important as continuing to subsidize Wall Street corporations with lucrative tax breaks," Cox said.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs