Facebook LinkedIn Twitter Youtube RSS

Obamacare’s price: Full-time jobs become part-time

Photo - President Barack Obama (Getty Images)

If you are looking for a full-time job, prepare to be disappointed if President Obama wins re-election Tuesday. Since Obama was sworn into office in 2009, the number of Americans with full-time jobs has actually fallen by 370,000. The number of Americans with part-time jobs, by contrast, is up 1.5 million. Jobs are being created in the Obama economy, but they’re not the type of jobs Americans can live on. And Obama’s policies are clearly contributing to the shift.

Last month, we noted that Darden Restaurants, the parent company of popular chains like Olive Garden and Red Lobster, stopped replacing full-time employees who left the company. Instead, the company announced, it would only be hiring part-timers to meet its staffing needs. The reason? Obamacare. Obama’s signature domestic initiative fines employers with 50 or more full-time workers $2,000 for every full-time employee who does not have government-approved health insurance.

Many retail, food service and hospitality firms, including Darden, already offer all of their full-time employees bare-bones health insurance plans. But these plans, which have coverage limits, will become illegal under Obamacare in 2014. Darden and other firms face a stark choice: Buy more expensive health insurance for their full-time employees (which normally costs more than $5,000 for each employee), pay the $2,000 fine or hire fewer full-time workers.

More and more employers are going this last route.

Read More…

Share This!
Weibo ButtonTencent ButtonQzone ButtonReddit ButtonStumbleUpon ButtonDigg ButtonOrkut ButtonBookmarks ButtonBlogger Button
Share This!

Leave a Reply

Translate
ArabicChinese (Traditional)DanishDutchEnglishFilipinoFrenchGermanGreekHebrewHindiItalianJapaneseKoreanNorwegianPolishPortugueseRussianSpanishSwedish
Shop And Support Us!
Join The Fight!
Defend Marriage and Stop President Obama's Unconstitutional Power Grab


Join The NRA and Get $10 off a Yearly Membership!
WWTL Twitter Feed
  • Mark Levin Gives "Unvarnished Truth" On Romney Loss (Astounding, Uplifting Audio!) gd.is/MEXhTS | 15 minutes ago
  • Vote fraud alert: One out of five registered Ohio voters is bogus gd.is/vBfBBB | 25 minutes ago
  • Boehner Extends Olive Branch on 'Fiscal Cliff' gd.is/xPayxd | 4 hours ago
  • Really clever American voters stick with Obama's failed status quo gd.is/87Seqb | 8 hours ago
  • The Lull Before the Civil Unrest Storm gd.is/FqGnVM | 9 hours ago
  • Puerto Rico Narrowly Votes to Become 51st State gd.is/94qfY4 | 9 hours ago
  • Ann Coulter, Laura Ingraham debate how Romney lost the election [AUDIO] gd.is/syfc7k | 10 hours ago
  • Reid moves to limit GOP filibusters gd.is/Qn4Qz6 | 10 hours ago
  • Don’t Blame Romney, And Don’t Blame The Campaign… wewin-theylose.com/dont-blame-rom… | 20 hours ago
  • Gay Marriage Gets First Ballot Wins (In Solid Blue States) gd.is/CNb6Sg | 21 hours ago
  • Where to put your money now that Obama has won gd.is/fdhFEG | 21 hours ago
  • Harsher energy regulations coming in Obama's second term gd.is/LdKCZI | 21 hours ago
  • Joe Arpaio wins election: Arpaio wins sixth-term as Maricopa County Sheriff gd.is/7rnJrG | 21 hours ago
  • Steve Schmidt: GOP must muzzle Rush Limbaugh gd.is/X4I7HR | 21 hours ago
  • Catastrophe gd.is/zcxN4W | 21 hours ago
  • Dollar falls broadly after Obama heads for re-election gd.is/cYK4T4 | 23 hours ago
  • Colorado Votes In Favor Of Pot Legalization gd.is/HExh7N | 23 hours ago
  • From Free Republic: "I was Wrong" (MUST READ) gd.is/vUm7na | 23 hours ago
  • They Won - We Lost...Obama Wins Presidency by 70k votes in OH gd.is/r53QUG | 1 day ago
  • America Must Elect Romney Today (Cover of NY Post) gd.is/hkaMpF | 1 day ago
Follow @wewintheylose
Welcome , today is Thursday, November 8, 2012