More on How Obamacare Is Affecting Jobs
Just over the weekend, Paul Krugman was again claiming that Obamacare is not affecting the labor market in a blog post entitled Lies, Damned Lies, and Fox News. Yet Jed Graham notes that:
[R]eport after report has rolled in about employers restricting work hours to fewer than 30 per week—the point where the mandate kicks in. Data also point to a record low workweek in low-wage industries.
In the interest of an informed debate, we’ve compiled a list of job actions with strong proof that ObamaCare’s employer mandate is behind cuts to work hours or staffing levels. As of Oct. 17, our ObamaCare scorecard included 351 employers. (Full list is here.)
See previous post here. The effects seem more pronounced for small firms than for large ones (but remember: most larger firms are already providing health insurance). This is from a survey by the Foundation of Employee Benefit Plans (HT: David Beckworth):