Full Time Work? Ha

02.04.131:31 PM ET

Obamacare's Impact on Full Time Jobs

Jed Graham points out at Investors Business Daily that the most recent jobs report suggests the advent of Obamacare is discouraging full-time hiring:

Although retail payrolls grew by 32,600, total hours worked in the industry dipped, Labor Department data out Friday showed. The explanation? Rank-and-file retail workers logged the shortest workweek since early 2010: just 30.1 hours, on average, vs. 30.4 in December. … A similar trend showed up in leisure and hospitality: January payrolls rose by 23,000 even as aggregate hours dipped 0.3%. … All signs suggest that businesses are starting to adjust their employment policies in response to ObamaCare. …

As Jed points out, the fines for failing to provide health coverage under Obamacare do not apply to part-time workers, meaning those who work fewer than 30 hours per week. And suddenly, we are seeing a lot more workers working fewer than 30 hours.

how do i comment?
Get The Daily Beast In Your Inbox
By clicking "Subscribe", you agree to have read the Terms of Use and Privacy Policy
Thank You!
You are now subscribed to the Cheat Sheet. We will not share your email with anyone for any reason
You are now subscribed to the Daily Digest. We will not share your email with anyone for any reason
You are now subscribed to the Daily Digest and Cheat Sheet. We will not share your email with anyone for any reason
Follow The Daily Beast