Investors Business Daily reports on the job creator response to Obamacare mandates.
More than 300 employers have cut work hours or jobs, or otherwise shifted away from full-time staff, to limit liability under ObamaCare, according to a newly updated IBD analysis.
The ObamaCare Employer Mandate: A List Of Cuts To Work Hours, Jobs now includes 62 private employers and 239 public-sector employers. The list includes 80 school districts that have cited Affordable Care Act costs as a reason for cutting work hours — or in several cases outsourcing functions — of part-time instructional aides, cafeteria workers, custodians and bus drivers.
It also includes 46 universities and colleges — in some cases college systems — that have reduced teaching loads for adjunct faculty.
The 43 entries added to the list in the past two weeks reflect numerous actions taken before the Obama administration announced a one-year delay ofObamaCare employer mandate penalties on July 2. But the list also includes actions taken more recently, such as SeaWorld Entertainment’s decision to limit part-time workers to 28 hours per week, down from 32 hours previously.
Although the mandate won’t take effect until January 2015, fines will be based on employment levels beginning in the second half of 2014 — or earlier.
[…]In addition to SeaWorld (SEAS), 10 other private employers just added to the list include a group home for disabled adults; a YMCA; two private universities; the K-VA-T Food Stores regional supermarket; the Bealls regional department store ; and four restaurant operations.
[…]Workers in low-wage industries clocked the shortest average workweek on record in July, just 27.4 hours, an IBD analysis of the latest available Bureau of Labor Statistics industry data shows.
This low-wage segment covers 29 million private-sector workers, 25% of the total, in about 40 industry groups where nonsupervisors make up to about $14.50 an hour.
While the IBD list of private-sector hour-cutters is quite small to prove otherwise, it does offer clues that can be of help in interpreting official industry data on hours worked.
For example, the workweek at general merchandise stores tumbled from 31.1 hours in December to 29.8 hours in July. The inclusion of Wal-Mart (WMT) and Bealls on IBD’s list point to ObamaCare’s employer mandate as a significant contributing factor.
The average workweek in the hotel and accommodations industry hit a record low in July — lower than in the aftermath of 9/11 or at the bottom of the Great Recession.
In July, the workweek for nonsupervisors fell to 28.8 hours, down from 30.7 hours in March 2010, when ObamaCare was signed into law.
I’m looking forward to the 2014 elections, when we will get to vote again on this after we’ve seen “what’s in the bill”. I don’t think that the media’s blatherings are going to be able to convince people who are working under 30 hours a week that Obamacare was the right way to reform health care policy.