More on How ObamaCare is Affecting Jobs
Just over the weekend, Paul Krugman was again claiming that ObamaCare is not affecting the labor market in a blog post entitled Lies, Damned Lies, and Fox News. Yet Jed Graham notes that:
[R]eport after report has rolled in about employers restricting work hours to fewer than 30 per week — the point where the mandate kicks in. Data also point to a record low workweek in low-wage industries.
In the interest of an informed debate, we’ve compiled a list of job actions with strong proof that ObamaCare’s employer mandate is behind cuts to work hours or staffing levels. As of Oct. 17, our ObamaCare scorecard included 351 employers. (Full list is here.)
See previous post here. The effects seem more pronounced for small firms than for large ones (but remember: most larger firms are already providing health insurance). This is from a survey by the Foundation of Employee Benefit Plans (HT: David Beckworth):
How can people continue to ignore that list of employers? It seems like there is a new story every day with someone shifting their employees to part-time work.
Schools cutting hours- pretty upsetting, isn’t it?
It seems that the politicians are ignoring the future of this country as well.
Politicians never care about the future unless it has to deal with reelection.
Small businesses are the future “heart beat” of America. The results clearly show that SMBs are greatly hindered by Obamacare.
A tax incentive structure needs to be implemented to counteract these negative externalities on small businesses.
Certainly. Something must be done.
“Workers in low-wage industries clocked the shortest average workweek on record in July…” (Graham)
No wonder there’s all this talk about raising the minimum wage.
Speaking of which, I really hope that doesn’t happen. Talk about a double whammy for small businesses.
It’s truly an incredible snowball effect
At a single business this may not seem like much, but the data as a whole is incredible. Decreasing thousands of hours of labor can in no way have a positive effect on the economy.
Pretty soon we will all have mandatory nap periods like Spain
Don’t think theirs are mandatory, more cultural than anything. Certainly plausible though, there was talk about limiting how many hours someone can work.