the Federal Reserve Bank of Philadelphia reported findings from its Obamacare business survey, revealing that 18.2% of employers are cutting jobs and employees as a result of Obamacare. Moreover, 18% said they have also had to shift more of their workers to part time. The New York Federal Reserve study found similar findings, with 21% of New York manufacturers and 16.9% of service businesses reporting reductions in the number of workers they employ due to Obamacare. Lastly, the Atlanta Federal Reserves study found that 34% of businesses that do not cover health insurance plan to hire fewer full-time workers due to Obamacares tax penalty for companies with more than 50 workers.
Posted on: Fri, 29 Aug 2014 18:31:02 +0000
Trending Topics
Recently Viewed Topics
© 2015