Thursday, June 09, 2016

Analysis: Obamacare forcing hundreds of thousands into part-time work

Goldman Sachs: Obamacare forcing hundreds of thousands into part-time work: Obamacare is forcing hundreds of thousands of people into part-time work, according to a new analysis from the bank Goldman Sachs. In a research note sent out Wednesday, bank economist Alec Phillips concluded that the evidence suggests that the [Affordable Care Act] has at least modestly elevated involuntary part-time employment. He wrote that a few hundred thousand workers may have had their hours cut or been forced to take part-time jobs because of the law. Goldman Sachs' analysis is the latest conduct on the contentious topic of the healthcare law and part-time work, and its findings largely back up what other studies have revealed, Phillips wrote. The bank weighed in on the question after involuntary part-time work rose sharply in recent months.

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