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nochain wrote:Just another "unintended" consequence courtesy of Obamacare. One can imagine what small businesses will do - hire a few more employees yet cut everyones hours back to 29 per week to avoid the burdensome mandated insurance premiums. Of course the three blind mice (Pelosi, Reid, Obama) will tout it as improving the employment picture.
"Just recently, the Internal Revenue Service issued an 18-page, single-spaced notice explaining how to distinguish between full-time and part-time workers under the Affordable Care Act (“Obamacare”). The difference matters, because the act requires employers with 50 or more full-time workers to provide health insurance for those workers. At the same time, no company has to buy insurance for part-time employees, defined as those working less than 30 hours a week."
Full story:
http://www.washingtonpost.com/opinions/robert-samuelson-obamacares-rhetoric-vs-its-reality/2012/10/21/c6b95560-1a17-11e2-aa6f-3b636fecb829_story.html?hpid=z3
Liberals don't understand the meaning of "underemployment".