ObamaCare Creates Work ... Part-Time Work, That Is

The latest jobs report with a 7.6% unemployment rate can be interpreted as either good or bad news, depending on how one chooses to look at things.

But one thing is clear. Part-time workers are increasing rapidly, and it doesn't seem like a coincidence to me. The new ObamaCare legislation is the obvious culprit, even though the administration won't admit it.

A Surge in Part-Time Workers has the story:

"The June jobs report saw a surge in part-time workers, and the health care law that starts coming into full effect next year might be in part responsible. The number of part-time workers for economic reasons climbed to 8.2 million in June from 7.6 million in March.

The economist Casey B. Mulligan ran through the numbers on this blog earlier in the week. {NOTE: See our soon-to-be next post.} The Affordable Care Act gives employers an incentive to hire part-time workers rather than full-time workers, as they might be compelled to offer health coverage to the latter, but not the former. That’s why a number of big employers have started offering more temporary or part-time positions.

It also makes part-time jobs more attractive for workers. Say you currently have a 20-hour-a-week job with no health coverage, and that you cannot afford to buy insurance on the private market. Soon, the government will start offering you generous subsidies to buy a plan on the new health care “exchanges” – meaning, provided your income is low enough, you get an expensive benefit with taxpayers picking up most of the tab.

Granted, the Obama administration announced this week that it is delaying for one year a rule requiring big employers to cover their full-time workers or pay a penalty – that might also delay some of the shift from full-time to part-time work."

Summing Up

Isn't government "help" wonderful?

What a crock!

Politics sucks.

So does ObamaCare.

Thanks. Bob.