Hirunews Logo
HiruNews
HiruNews
HiruNews
Obamacare%27+will+reduce+US+workforce%2C+report+finds
Wednesday, 05 February 2014 - 12:13
Obamacare' will reduce US workforce, report finds
19

Shares
2,384

Views
Budget analysts say that President Barack Obama's health law will cut the US workforce by the equivalent of more than two million workers.

The Congressional Budget Office said in its report, that the reductions will begin in 2017 after the law's provisions take full effect, and some US businesses may also decide to reduce their workforce to fewer than 50 full-time employees to avoid having to provide health insurance as mandated under the law.

The report found that Employees may also face lower wages due to tax levees and penalties against their employers.

A Gallup poll found that Americans continue to be more likely to disapprove of the law, by 51% to 41%.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
You may also like :
HiruNews
Thursday, 16 August 2018 - 16:24
Mangroves play a critical role in maintaining the ecological balance in Sri Lanka's coastal areas.However, some money-hungry people do not understand this.Our... Read More
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
116 Views
HiruNews
HiruNews
HiruNews
1,255 Views
HiruNews
HiruNews
HiruNews
6,773 Views
HiruNews
HiruNews
HiruNews
17,032 Views
HiruNews
HiruNews
HiruNews
104 Views
HiruNews
HiruNews
HiruNews
45,445 Views
Top