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NBC says Obamacare hurts jobs

August 15, 2013 by Jeff (ILoveCapitalism)

The White House still dismisses the evidence as “anecdotal”, as NBC points out – and despite the growing data on the matter.

NBC delicately describes the Obamacare job/hour losses as “unintended consequences”, despite the fact that such losses are logical and were foreseen by many.

Via Zero Hedge.

Filed Under: Big Government Follies, Economy, Entrepreneurs, Obama Health Care (ACA / Obamacare) Tagged With: Big Government Follies, Economy, Entrepreneurs, Obama Health Care Tax/Regulation, part-time hiring

A ‘recovery’ of part-time jobs

August 6, 2013 by Jeff (ILoveCapitalism)

Last month, I derided Jay Carney’s denial that employers have begun to avoid full-time employees and use more part-time employees, due to Obamacare. Carney claimed, “The data reflects that there is not support for the proposition…”

Well Jay, via HotAir, here is some data for you.

The July government employment report released Friday showed…that part-time work accounted for almost all the job growth that’s been reported over the past six months…

“Over the last six months, of the net job creation, 97 percent of that is part-time work,” said Keith Hall, a senior researcher at George Mason University’s Mercatus Center. “That is really remarkable.”

…Over the past six months…the Household Survey shows 963,000 more people reporting that they were employed, and 936,000 of them reported they’re in part-time jobs.

Other articles say that it isn’t 97%, it’s only 77%. But either way, the Obama ‘recovery’ has shown a truly unprecedented skew to part-time employment. By the government’s own data.

The next question is, why? Is that skew because of the incentive (to use part-time workers) that arises from Obamacare’s employer mandate?

As I explained earlier: even if a formal study hasn’t been done yet, the anecdotal (i.e., first-hand) reports of Obamacare’s mandate causing it are so widespread among businesses that even the Federal Reserve has noticed. Anecdotal evidence isn’t proof, but it can be indicative. The proposition may not be proven, but only a paid liar-for-Obama would refuse to consider it seriously, Mr. Jay Carney.

Over at Forbes, Chris Conover considers the proposition seriously, including lefties’ criticisms. Good reading. His conclusion is like mine: Maybe the proposition hasn’t been proven yet in a study…but, come on: it’s early days, there is both logic and evidence for it in plenty, and the counter-arguments rest on “weak reeds”.

Bonus items, as long as we’re talking about jobs:

  • Obama is happy to hand out Obamacare waivers to people that he needs to reward, court or buy off; now including Capitol Hill.
  • Hundreds of millions invested in “green jobs training”: still nothing to show for it.
  • By some calculations, 40% of American workers make less than the 1968 minimum wage, in real terms. Not that I favor raising the minimum wage, but it shows how far we’ve fallen.

UPDATE: More data.

Something odd is happening to the workweek…Even as the number of people working has grown by 2.2 million, or 1.6%, over the past year, the number clocking 30 to 34 hours a week has shrunk…By comparison, the number working 25-29 hours per week in their primary job rose…This oddity has an obvious explanation: ObamaCare’s employer mandate applies only to full-time workers, which the law defines as 30 hours per week.

RTWT, for details.

Filed Under: Big Government Follies, Economy, Entrepreneurs, Obama Health Care (ACA / Obamacare) Tagged With: Big Government Follies, Economy, Entrepreneurs, Jay Carney, Obama Health Care Tax/Regulation, part-time hiring

Is Obama’s Press Secretary a “paid liar”? (part III)

July 22, 2013 by Jeff (ILoveCapitalism)

Some weeks ago, Dan asked if Jay Carney is a paid liar? Looking at Benghazi, I answered ‘yes’. Here is a newer example.

Last week, as reported by The Hill, Carney:

…dismissed reports that some employers were hiring more part-time employees because of the president’s signature healthcare law.

“The data reflects that there is not support for the proposition that businesses are not hiring full-time employees because of the Affordable Care Act,” Carney told reporters.

Perhaps Carney’s statement can be made true if we parse it Clinton-style, seeking his definitions of “data” and “is”. Perhaps Carney only accepts Harvard studies (or some such), and very likely, there hasn’t been one.

But the phenomenon of employers replacing full-time employees with part-time, due to Obamacare, is real and growing. The same article notes:

employers have added more part-time employees — about 93,000 a month — in 2013 than full-time workers — averaging about 22,000 per month. That’s a reversal from 2012, when employers hired 31,000 part-time workers and 171,000 full-time ones per month.

And how do we know it’s due to Obamacare? Well, I can’t think of any other (real) reason that Obama wants to delay his own employer mandate; can you? Or a reason why labor unions suddenly hate Obamacare?

But we don’t have to infer the cause. Comments and stories have abounded in the media lately, of businesses switching to part-time employees directly because of Obamacare’s insurance mandate for full-timers. Here is one recent commentary.

And even Uncle Ben says the Fed has been hearing it from the countless businesses which report into it:

Federal Reserve Chairman Ben Bernanke acknowledged that Obamacare regulations have caused employers to hire part-time workers, rather than full-time employees…

“[O]ne thing that we hear, you know, in the commentary we get at the FOMC is that some employers are hiring part-time in order to avoid the mandate there,” Bernanke told Rep. Marlin Stutzman, R-Ind., during a House hearing. “So we have heard that.”

So, Jay: Can the baloney, OK? There doesn’t have to be an academic study on something for it to be true (and widely known).

Filed Under: Big Government Follies, Dishonest Democrats, Economy Tagged With: Big Government Follies, dishonest democrats, Economy, jay carney liar, Obama Health Care Tax/Regulation, part-time hiring

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