ObamaCare Employer Mandate: Updated list of employers who have cut work hours, jobs

by 1389 on September 29, 2013

in "Obamacare", "The Great Recession", 1389 (blog admin), unemployment

Investors Business Daily has the story:

ObamaCare’s impact on jobs is hotly debated by politicians and economists. Critics say the Affordable Care Act, with its employer mandate to provide health insurance, gives businesses an incentive to cut workers’ hours. This year, report after report has rolled in about employers restricting work hours to fewer than 30 per week — the point where the mandate kicks in. Data also point to a record low workweek in low-wage industries.

In the interest of an informed debate, we’ve compiled a list of job actions with strong proof that ObamaCare’s employer mandate is behind cuts to work hours or staffing levels. As of Sept. 25, our ObamaCare scorecard included 313 employers. Here’s our latest analysis, focusing on cuts to adjunct hours at nearly 200 college campuses. The ObamaCare list methodology is explained further in our initial coverage; click on the employer names in the list below for links to supporting records, mostly news accounts or official documents.

We’ll continue to update the list, which we encourage you to share and download into a spreadsheet to sort and analyze. If you know of an employer that should be on the list and can provide supporting evidence, please contact IBD at jed.graham@investors.com.

Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook

Click here for the list.

Obamacare pink slip
Reasons given for cuts are seldom this obvious.

Why the IBD list covers a small fraction of the cuts in jobs and hours actually taking place:

According to IBD, employers are added to this list only when there is definitive evidence that the cuts were made because of Obamacare. Many strategies are in play: capping hiring, capping growth, cutting hours, cutting jobs, outsourcing, offshoring, replacing people with automation, and downsizing by shutting down or selling off some operations entirely. Employers are keeping silent about their reasons for making these cutbacks, lest they trigger IRS penalties, other regulatory retaliation, and possible litigation.

…The scorecard reflects an extensive, though less than exhaustive, search. It only includes employers when there is convincing documentation (generally news accounts or public records) that job actions are specifically tied to ObamaCare.

For example, when Forever 21 said it was cutting hours for 192 workers to 29.5 per week or Lowe’s (LOW) said it would hire 9,000 permanent workers — all part-time — the ObamaCare connection wasn’t quite the slam dunk needed to land them on this list.

Because private firms may fear bad publicity or litigation if they admit to cutting hours to avoid ObamaCare’s coverage mandate, it’s not surprising that few would be willing to come right out and say it. It’s only logical to take their denials with a grain of salt…

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