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Reuters Admits Obama-Care Fuels Part-Time Hiring

From Reuters:

Analysis: Obamacare, tepid U.S. growth fuel part-time hiring

By Lucia Mutikani | August 21, 2013

WASHINGTON (Reuters) – U.S. businesses are hiring at a robust rate. The only problem is that three out of four of the nearly 1 million hires this year are part-time and many of the jobs are low-paid.

And never mind that it is also an outright lie to say that "businesses are hiring at a robust rate." Businesses are not even hiring at a rate that keeps up with the population increase.

Faltering economic growth at home and abroad and concern that President Barack Obama’s signature health care law will drive up business costs are behind the wariness about taking on full-time staff, executives at staffing and payroll firms say.

Employers say part-timers offer them flexibility. If the economy picks up, they can quickly offer full-time work. If orders dry up, they know costs are under control. It also helps them to curb costs they might face under the Affordable Care Act, also known as Obamacare…

Again, Obama-Care is really just an after thought. It’s really the economy causing this. Though, bad economies don’t seem to have caused such a change in the past.

This can all become a less-than-virtuous cycle as new employees, who are mainly in lower wage businesses such as retail and food services, do not have the disposable income to drive demand for goods and services.

Some economists, however, say the surge in reliance on part-time workers will fade as the economy strengthens and businesses gain more certainty over how they will be impacted by Obamacare…

You see, businesses are so stupid they think it’s a bad thing to have to pay the Obama-Care penalty for not offering healthcare to their fulltime employees. But they will soon see the light.

By the way, whatever happened to blaming the sequester for the bad economy and slow hiring?

This article was posted by Steve on Wednesday, August 21st, 2013. Comments are currently closed.

One Response to “Reuters Admits Obama-Care Fuels Part-Time Hiring”

  1. GetBackJack says:

    I wrote about this in 2008
    Referenced Work Flow Management Software in 2009
    Out the two together in 2009

    Prophecy fulfilled 2013

    See ya, suckas

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