Saturday, March 08, 2014

Obamacare and the Part-Time Economy

Obamacare has not yet turned America into a nation of part-time workers, as many of its strongest critics have long said it would. 
In fact, the opposite seems to be happening, according to new government numbers published Friday: The number of part-time jobs is actually shrinking, and full-time jobs are being created instead.
The critics may not be all that good at business.  Smart employers take a broader view that just saving a few nickel and dimes by engineering ways to not have to pay for their employees' health care.  If they have the demand, they need good, healthy, motivated, and experienced employees. It saves money in the long run because the business itself operates better.  However, when demand is iffy, it just gets harder to do that and the businesses go into survival mode and are forced to cannibalize themselves just like a malnourished body begins to consume it's own muscles.

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