FACT: ObamaCare Causing Part-Time Nation

"Bureau of Labor Statistics data show that the ratio of part-time to full-time jobs has completely flipped this year from historical trends," writes health policy expert Grace-Marie Turner.  "Last year, six full-time jobs were created for every one part time job. This year, only one full-time job is being created for every four new part-time jobs" [emphasis added]

The shift to part-time has accelerated over the past several months because of the “look back” provision in ObamaCare that sets the baseline this year for the number of full-time workers a company employs to determine their compliance with the employer pay-or-play mandate.

The administration may have been trying to stop the damage when it announced in July it would delay for a year the reporting requirements for the health law’s employer mandate – the requirement that businesses with 50 or more employees provide health coverage that is acceptable to the government or pay a fine of $2,000 to $3,000 per employee per year.

The damage is real, and the one-year delay is unlikely to have a significant impact on hiring. Businesses are not going to hire full-time workers for year or less only to have to fire them next year.

In our still struggling economy, we should be making it easier for businesses to grow. Instead the law is causing huge dislocations in the labor force and imposing major new costs on businesses — money that could have been invested in growth and new hiring.

ObamaCare is hurting more than the job market. Consumers will see prices of virtually everything soar as businesses of every size are forced to raise prices to cover the high costs of ObamaCare. As Turner notes, "A recently-leaked letter from Delta Air Lines to the Obama administration states that the 'cost of providing health care to our employees will increase by nearly $100,000,000 next year,' much of it due to Obamacare." 

Read her full article.