Ten Stories of Jobs Lost to Obamacare
As employers and businesses prepare for Obamacare’s sweeping changes and mandates to begin in 2014, many are already laying off some of their employees. On Monday, Heritage hosted an event highlighting the burdens of the law both for small businesses’ ability to hire and grow and individuals’ ability to find jobs. Click to read 10 stories of jobs lost due to Obamacare >> Obamacare’s employer mandate forces all employers with more than 50 full-time employees, defined as those who work at least 30 hours per week, to provide health insurance for employees or pay a $2,000 penalty for each employee after the first 30 workers. This creates an incentive for businesses to avoid both the penalty and cost of coverage by hiring part-time employees instead of full-time employees, since businesses will not be penalized for failing to provide health insurance to part-time employees. This affects a wide range of American workers, from restaurant employees and college adjunct professors to state government workers. American workers already can’t afford the high price of Obamacare, and it’s just the beginning: The most egregious parts of the law don’t begin until 2014. Read the rest on The Foundry >>
 | 
No comments:
Post a Comment