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Health care law may mean less hiring in 2013

LowDown

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USA Today: Health care law may mean less hiring in 2013

Many businesses plan to bring on more part-time workers next year, trim the hours of full-time employees or curtail hiring because of the new health care law, human resource firms say.

Their actions could further dampen job growth, which already is threatened by possible federal budget cutbacks resulting from the tax increases and spending cuts known as the fiscal cliff.

"It will have a negative impact on job creation" in 2013, says Mark Zandi, chief economist of Moody's Analytics

Well, who would have predicted that? :roll:
 
Actually I think it will dramatically lower unemployment. It can accomplish that by employers firing 40 hour a week people
and hiring 2 - 25 hour per week people at 80% of the previous persons' wages - the company will save big money and get
more time thanks to dumping the requirement to buy health insurance for PT employees.

Yep its almost certain to decrease the number of unemployed and seriously skyrocket the volumes of under employed, but
hey now people will be able to work 2 jobs for their old pay - just no health insurance. Nice job huh liberals - nice
little unintended consequence when you screw with a system that covered over 70% of working American's just fine.
 
So, a s they have been hiring less full time workers and hiring more art time workers since long befriend Obama, it will now be the fault of health care reform? I assume those who have owing this all along can e trusted to tell us this is he reason?

Yeah,I'm convinced. :coffeepap
 
Businesses looking for any excuse to cut benefits: Obama's fault.
 
Businesses looking for any excuse to cut benefits: Obama's fault.

You know, any excuse I'll do. And some partisan will buy it.
 
So, a s they have been hiring less full time workers and hiring more art time
workers since long befriend Obama, it will now be the fault of health care reform? I assume those who have owing this all along can e trusted to tell us this is he reason?

Yeah,I'm convinced. :coffeepap

People such as yourself can't be convinced bedause youv'e mistaken your partisan ideology for the truth.

Swapped them like a set of bad sparplugs.

If you cant see the massive amount of damage already done by just the threat of implementation of that disastrous law, if youv'e elected to keep your eyes and ears shut and ignore the millions of Anericans who have been struggling since his first election then nothing will convince you.

Honestly, the prerequisite of the liberal idelogy is that you have to be ignorant. I mean forget burning books, you guys refuse to acknowledge their existence.

You went from blaming Bush to blaming the rich and now the Corporations and bussinesses that fuel our economy.

Unbelievable.

Wake the "F" up. You guys elected....TWICE...the least qualified ex-stoner candidate who came into office with a anti-America chip on his shoulder.

He's not trying to repair anything and has been trying to force our collapse for four years.

And his attempts have been at the expense of the middle class, not the rich you people blame your miserable lives on.
 
People such as yourself can't be convinced bedause youv'e mistaken your partisan ideology for the truth.

Swapped them like a set of bad sparplugs.

If you cant see the massive amount of damage already done by just the threat of implementation of that disastrous law, if youv'e elected to keep your eyes and ears shut and ignore the millions of Anericans who have been struggling since his first election then nothing will convince you.

Honestly, the prerequisite of the liberal idelogy is that you have to be ignorant. I mean forget burning books, you guys refuse to acknowledge their existence.

You went from blaming Bush to blaming the rich and now the Corporations and bussinesses that fuel our economy.

Unbelievable.

Wake the "F" up. You guys elected....TWICE...the least qualified ex-stoner candidate who came into office with a anti-America chip on his shoulder.

He's not trying to repair anything and has been trying to force our collapse for four years.

And his attempts have been at the expense of the middle class, not the rich you people blame your miserable lives on.

Just show me how something that started happening long before reform is now reforms fault. That's all you have to do for this kettle mr. Pot.
 
People have to wait and see how it affects premiums. IF they go up, full-time employment will go down. If they go down, full-time employment will go up. It is just a wait and see at this point, but what I expect is for premiums to start to skyrocket, requiring further government regulation.
 
People have to wait and see how it affects premiums. IF they go up, full-time employment will go down. If they go down, full-time employment will go up. It is just a wait and see at this point, but what I expect is for premiums to start to skyrocket, requiring further government regulation.

They were. Key rocketing before reform. How will we know what the cause is?
 
They were. Key rocketing before reform. How will we know what the cause is?


It doesn't matter what the cause is. Healthcare is a huge burden on employers. If the rates go up because of a shortage of Band-Aids, it has the same effect on employment as the same raise in rates because of Obamacare.
 
It doesn't matter what the cause is. Healthcare is a huge burden on employers. If the rates go up because of a shortage of Band-Aids, it has the same effect on employment as the same raise in rates because of Obamacare.

Employers will use any excuse they can get away with. However, if we were concerned about the effects of healthcare on business, we would remove it from employment and go with UHC.
 
Employers will use any excuse they can get away with. However, if we were concerned about the effects of healthcare on business, we would remove it from employment and go with UHC.

I have no problem with a proper UHC system but I think you underestimate the role of investors not accepting excuses than companies making them.
 
I have no problem with a proper UHC system but I think you underestimate the role of investors not accepting excuses than companies making them.

Don't see much difference between the two. Both for get workers are a large part of a companies success or failure.
 
employers are not health care providers. health insurance should be unlinked from specific employment as quickly as possible.
 
Don't see much difference between the two. Both for get workers are a large part of a companies success or failure.

because IMHO the demands of mutual funds (i.e. workers' retirement plans) and insurance companies on traded companies to create maximum revenue via dividends to have the cash to send out those checks is placing a burden on companies that discourages capital investments to create new jobs at least in the US. For instance, the mutual fund managers are not willing to wait 5 years for you to start realizing additional revenue streams on a new US factory because they have checks to mail out during that period and not everybody waits until retirement to dip into their retirement accounts for life's unexpected emergencies and transient wants; and insurance companies need cash to pay for the big dents in your $60K car. Wall Street IMO is raiding the equity we have so they sure as hell will not wait for new equity to be built, new jobs created, and reduced profits than if the company sent the job to a tin shed in China today.
 
because IMHO the demands of mutual funds (i.e. workers' retirement plans) and insurance companies on traded companies to create maximum revenue via dividends to have the cash to send out those checks is placing a burden on companies that discourages capital investments to create new jobs at least in the US. For instance, the mutual fund managers are not willing to wait 5 years for you to start realizing additional revenue streams on a new US factory because they have checks to mail out during that period and not everybody waits until retirement to dip into their retirement accounts for life's unexpected emergencies and transient wants; and insurance companies need cash to pay for the big dents in your $60K car. Wall Street IMO is raiding the equity we have so they sure as hell will not wait for new equity to be built, new jobs created, and reduced profits than if the company sent the job to a tin shed in China today.

My car cost 5k.

Yes, we have some issues. And there is not much we can do to compete with that tin shed in China. As long as a company can pay someone overseas net to noting for no benefits, we can't appease the larger companies enough to stay here.
 
employers are not health care providers. health insurance should be unlinked from specific employment as quickly as possible.

Yes! A competitive market for individuals to shop and find the best policy that suits them.

AKA, the antithesis of socialized medicine.
 
Yes! A competitive market for individuals to shop and find the best policy that suits them.

AKA, the antithesis of socialized medicine.

And if we show we're willing to let some go untreated, even in an emergency, that is an option. Otherwise it is not.
 
Its always the same with you progressive Marxists

Businesses have 'evil motives'. Everyone doesn't 'care' except Obama and the democrats. Obama's intentions are as pure as the wind driven snow or something

Cult like behavior from worshipers. Not reasonable people. You've traded God for Obama and Big Government
 
So, a s they have been hiring less full time workers and hiring more art time workers since long befriend Obama, it will now be the fault of health care reform? I assume those who have owing this all along can e trusted to tell us this is he reason?

Yeah,I'm convinced. :coffeepap

No, weekly hours worked has been going up since the end of 2009. The idea that it has been going down since before Obama is false.

CES0500000002_1319097_1357433576054.jpg
 

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Its always the same with you progressive Marxists

Businesses have 'evil motives'. Everyone doesn't 'care' except Obama and the democrats. Obama's intentions are as pure as the wind driven snow or something

Cult like behavior from worshipers. Not reasonable people. You've traded God for Obama and Big Government

Ok, that was an uninteresting rant. No one evil, and I don't see any Marxists. And I'm still Catholic. :coffeepap
 
No, weekly hours worked has been going up since the end of 2009. The idea that it has been going down since before Obama is false.

View attachment 67140414
That's a different measure. I know some for example working two part time jobs for he same place. She works more than 40 hours, but is part time. An increase in hours, but not benefits or overtime.
 
Yes they were skyrocketing. No doubt they were rising much faster than general inflation; or was inflation more than we were told?

The law does nothing to the insurance companies except force them to include the people they've told they can't afford to serve
in the past - a burden they will have to put some where - I'm guessing the poor people now paying the government the penalty
for working part time will be enough to offset that - right? Oh wait - guess not - so they have to get the money some where after
all they need that evil 4 or 5% gross profit they make.


They were. Key rocketing before reform. How will we know what the cause is?
 
That's a different measure. I know some for example working two part time jobs for he same place. She works more than 40 hours, but is part time. An increase in hours, but not benefits or overtime.

The number of people working part time for economic reasons has been going down since 2009 also.

LNS12032194_1319307_1357434910703.jpg bls.gov
 
Yes! A competitive market for individuals to shop and find the best policy that suits them.

AKA, the antithesis of socialized medicine.

whatever is the best fit for us. i find it difficult to imagine that an essential service with inelastic demand will ever be most efficiently delivered by three levels of for-profit entitities, but if there's some way to make it work, it would beat the insane system we have now.

mostly, i'd like to see us do a thorough study of every other first world health care system, and then pick the best parts of each one.
 
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