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Berkshire Hathaway Inc. Message Board

  • missedinvestment101 missedinvestment101 Feb 2, 2013 11:43 PM Flag

    Retail Workweek Hits 3-Year Low In ObamaCare Shift

     

    [The fly in the ointment of January's jobs report was the apparent shift to part-time work ahead of a key ObamaCare deadline.

    Although retail payrolls grew by 32,600, total hours worked in the industry dipped, Labor Department data out Friday showed.

    The explanation? Rank-and-file retail workers logged the shortest workweek since early 2010: just 30.1 hours, on average, vs. 30.4 in December.

    Remarkably, aggregate hours worked in the retail sector fell below their January 2012 level, even though industry payrolls are up 200,000 over that period.

    A similar trend showed up in leisure and hospitality: January payrolls rose by 23,000 even as aggregate hours dipped 0.3%.]

    Not only are businesses making sure they won't have to pay for ObamaCare by reducing folks working hours below 30 hours, but those same folks will soon be forced to pay for their own insurance or pay the mandate. Did anyone who read duh bill see this coming?? If folks aren't able to make ends meet today, how will they make ends meet with less working hours and a new ObamaCare tax mandate? Can't wait for 2014 when the mandate kicks in should be a doozy.

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