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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnalysis: Little evidence yet that Obamacare costing full-time jobs
Source: Reuters
By Jason Lange
WASHINGTON | Tue Oct 22, 2013 5:29pm EDT
(Reuters) - There is little evidence that employers are sacrificing full-time jobs by hiring more part-timers or reducing existing employee hours because of the costs of providing health coverage under Obamacare.
Conservative Republicans have pointed to the high level of part-time employment as evidence businesses are cutting hours for staff in response to the new healthcare law, which will require them to offer health insurance to full-time workers.
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But there is little discernible impact in the employment figures released in recent months, including the September numbers out on Tuesday. The number of people with part-time jobs who want full-time work, for example, was essentially flat in September at 7.9 million.
"We are not seeing any effect in the data," Jason Furman, chairman of the White House Council of Economic Advisers, told Reuters Insider.
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Read more: http://www.reuters.com/article/2013/10/22/us-usa-healthcare-hiring-analysis-idUSBRE99L1F220131022
econoclast
(543 posts)DonViejo
(60,536 posts)DireStrike
(6,452 posts)It DOESN'T show a high correlation between the existence of Obamacare and part time jobs.
If that chart had the correct dates(the date is not really visible), it would be apparent that the crash started in 2008, before Obama even won the election.
econoclast
(543 posts)Full time employees as a percent of the population
We seem - contrary to other post recession periods - to be stuck at a very very low level of full time employment.
spin
(17,493 posts)However I am greatly disturbed that the initial roll out has encountered serious problems.
If there is any truth in the assertion that the new healthcare system will be more expensive and less effective than what we had, I fear our party will face difficulty in the midterm and presidential elections. Our previous medical care system was the most expensive and far from the best healthcare system in the world. It would be inexcusable if "Obamacare" proves to be even more expensive and offered a lower level of healthcare. If so, it will require a major overhaul and some compromise with Republicans. Unfortunately Republicans appear unwilling to compromise and instead seem to favor scrapping the program entirely. In fact they seem willing to do everything they can to insure that "Obamacare" fails.
One of the main reasons that I have supported the Democratic Party over the years has been the fact that it favored overhauling our healthcare system. There is absolutely no reason that I can see why a nation as rich as ours can not offer quality healthcare to all citizens for a reasonable cost. Unfortunately this might mean that healthcare can no longer be a for profit system that benefits the major companies that make prescription drugs and the insurance companies and allows them to gain enormous profit.
We can do better and perhaps "Obamacare" will be a good first step. I am currently retired and greatly appreciate the fact that I am on Medicare. I have a supplemental policy and recently had an operation which cost me absolutely nothing including no copays at the doctor's offices. I also supplement my income with Social Security which enables me to avoid eating cat food to survive.
I have to admit that sometimes I feel that the people we elect are more concerned with getting donations from the big corporations than making life easier for the people who elect them. This results from the tremendous expense of running a campaign for election. The "little people" in our nation can't afford to contribute enough money to offset the influence of the rich and powerful.