Please tell me how that would work
...for the private sector (no govt sector jobs)...
Very important point, controversial too. Wages for top rung positions are much lower w/ the feds than in the private sector, it's like how Rush says he'd never run for president because he doesn't want the pay cut. Lower level employees get more w/ the gov't tho (from here):
My thought is that a rise in wages of those still working when Obama was elected in 2008 would be dramatically offset by the 100% decrease in wages of the additional people who are now chronically unemployed. As example, at the time of Obamaâs election, approximately 66.2% of the labor age workforce had a job. The current labor participation rate is approximately 62.4%.
If, for example, we said the overage wage in late 2008 was $40K per person and those working now make 9% more six years later, but there has been a 6% decrease in the amount of working age people making that wage, the net wage increase for the people working in 2008 over the last 6+ years is less than 3%. This excludes the effects of inflation, which puts us well into negative territory.