Obama Obamacare create 110 part time jobs for every new full time job since March, Keith Hall former BLS chief, Employers cut back on workers hours, Fewer hours no insurance
“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013
“Approximately 1 million more people could only find part time employment since Obama took office in January 2009.”…Citizen Wells August 2013
“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″
From the Atlanta Journal Constitution August 5, 2013.
“Welcome to the Obamcare economy. From McClatchy:
“The July government employment report released Friday showed the job market treading water.”And a closer look at one of the two measures the Labor Department uses to gauge employment suggests 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.'”Hall is no ordinary academic. He ran the Bureau of Labor Statistics, the agency that puts out the monthly jobs report, from 2008 to 2012. Over the past six months, he said, 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.” ‘That is a really high number for a six-month period,’ Hall said. ‘I’m not sure that has ever happened over six months before.’ “”
“How, then, to explain what’s happened since January? Back to the McClatchy article and Hall, the former BLS chief:
“Hall speculated that the implementation of the Affordable Care Act, shorthanded as Obamacare, might be resulting in employers shifting workers to part-time status to avoid coming health care obligations.”
‘There’s been so much talk about the effects of Obamacare on part-time work,’ he said. ‘This is such an unusual thing to see.’ ”
By “so much talk,” Hall of course was referring to the numerous stories of employers that are cutting back on their workers’ hours to avoid qualifying for Obamacare’s mandate to provide health insurance for them. Just yesterday, the AJC reported on the various ways local employers are trying to cope with the looming mandate (subscription to MyAJC required for link), including the decision by AAA Parking to move 250 full-time workers to part-time status. Many of the Americans affected by these business decisions are, of course, the very people Obamacare was supposed to help.
In fact, we can get even more specific than the January-July numbers Hall outlined.
Looking at the BLS data, the number of Americans working part-time for economic reasons — i.e., not because they want to work part-time — hit a multi-year low in March. Since then, part-time jobs have accounted for a whopping 99.1 percent of all jobs created. Over the past four months, on a net basis, just 9,000 full-time jobs have been added in the entire United States.
That means there have been 110 part-time jobs created for every one full-time job since March.”