US NEWS AND WORLD REPORT
Obamacare Hasn't Caused a Shift to Part-Time Work ... Yet
By APARNA MATHUR, SITA SLAVOV
January 2, 2014
There has been
considerable controversy in recent months about whether the Affordable Care Act
is causing employers to shift towards a part-time workforce. For example, in a recent television interview
on NBC's "Meet the Press," television journalist Maria Bartiromo
suggested that as a result of Obamacare, we are becoming "something of a
part-time employment country." In
addition, a recent article in Forbes (click here for article) points to anecdotal evidence that a number of employers,
including restaurants and universities, have been replacing full-time workers
with part-time ones. This shift towards
part-time work is occurring, they argue, because the ACA requires large
employers to offer health insurance to full-time workers (defined as those who
put in 30 hours a week or more) starting in 2015.
But this anecdotal
evidence isn't borne out in the data for the labor force as a whole. In fact, there's very little evidence to
suggest that ACA has led to an increase in part-time work thus far. However, research on a state-level employer
insurance mandate suggests that it could well have such an effect in the
future.
The graph below shows the
fraction of all employees who were working part time (35 hours per week or
less) in September of each year since 2009. Because some individuals work part time by
choice, we've focused only on those working part time for economic reasons, or
involuntarily.
As Obamacare's defenders
have repeatedly pointed out, this number has actually fallen steadily since the
passage of the law. But that is not very
informative because the trend in part-time work simply tells us that the labor
market has been recovering; it tells us nothing about the impact of ACA. To determine the impact of ACA, we need to
figure out whether the share of part-time workers is higher or lower than it
would have been in the absence of the health care law.
For a copy of the full
article click here
As always, if you have questions, we are here to help. You can call us at (702) 898-0554 or visit us online: http://nevadainsuranceenrollment.com/
Thank you for considering Nevada Insurance Enrollment Marketplace for your health insurance needs.
Sincerely,
Shelly Rogers
Nevada Insurance Enrollment MarketplaceLicensed Agent #560016
Phone: (702) 898-0554
E-mail: Shelly@NevadaInsuranceEnrollment.com
.jpg) |
Additional Info - You can click on a link below
