Monday, November 05, 2012

Obamacare Causes Loss of Full-Time Jobs

The Affordable Care Act (aka "Obamacare") is causing a loss of full-time jobs, as employers scramble to fill what were formerly or could have been full-time positions with part-time employees who are exempt from the law.  In today's Wall Street Journal, reprinted here, Julie Jargon reports that a number of retailers, retaurant chains and hotels have started or are preparing to limit schedules of low-wage hourly employees to less than 30 hours per week, in order to avoid the law's mandate to offer employees a minimum level of health insurance or else pay a $2000 per worker penalty.

For many low-wage employees, especially young single persons just entering the workforce, the difference between full-time and part-time employment is the difference between making or not making a living wage.  Those workers are exactly the people that President Obama believes he was helping to obtain health insurance.  Instead, his Affordable Care Act is costing them their livelihood.  The healthcare law has run smack into the law of unanticipated consequences.

We can put an end to this tomorrow, if we have the resolve.  Vote Romney-Ryan.

1 Comments:

Blogger Dawn said...

You forgot to mention all of the new positions which are on a contract instead of permanent. In our area it's getting harder and harder to find a permanent position as a project manager. They'll hire you on a one year contract for a 5 year project and then just keep renewing rather than make it permanent. The contract agency offers the bare minimum insurance with high co-insurance and deductables. They pay none of the costs- $1800 a month for a family.
Not only did we lose health benefits (because who can afford $1800 a month), we lost the stability of a permanent job, and all the benefits that normally go with it like education reimbursements, fsa's, and the like. Thanks Obama.

Wednesday, November 21, 2012 1:51:00 PM  

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