This won't have a negative impact on Obama's unemployment record since part-time employment is counted as part of the U-6 numbers and not the U-3 numbers that he points to.
Remember back when the health care debate was going on and it was noted what a negative impact the bill would have on employment?
http://www.orlandosentinel.com/busin...,1505128.storyIn an experiment apparently aimed at keeping down the cost of health-care reform, Orlando-based Darden Restaurants has stopped offering full-time schedules to many hourly workers in at least a few Olive Gardens, Red Lobsters and LongHorn Steakhouses.
Darden said the test is taking place in "a select number" of restaurants in four markets, including Central Florida, but would not give details. The company said there has been no decision made about expanding it.
In an emailed statement, Darden said staffing changes are "just one of the many things we are evaluating to help us address the cost implications health care reform will have on our business. There are still many unanswered questions regarding the health care regulations and we simply do not have enough information to make any decisions at this time."
Analysts say many other companies, including the White Castle hamburger chain, are considering employing fewer full-timers because of key features of the Affordable Care Act scheduled to go into effect in 2014. Under that law, large companies must provide affordable health insurance to employees working an average of at least 30 hours per week.
That's right, if employers have to provide obamacare mandated insurance to full time employees while by golly they will just make sure that they have fewer full time employees. It looks like there will be a whole lot more 29.5 hour a week employees now thanks to obamacare. People that used to be full time employees with health insurance will now get to experience the wonders of obamacare first hand (so much for keeping your current insurance.) Oh and by the way, since every individual MUST have health insurance these people will have to go buy their own health insurance (and they will have less salary to do it with) or else face a 3000 dollar fine.
I'm guessing the obvious liberal solution will be to say that ALL employees must have health insurance, or alternately that all business must hire full time employees. In short, government creates yet another problem... and the liberal solution is more government.
Yay obamacare!
This won't have a negative impact on Obama's unemployment record since part-time employment is counted as part of the U-6 numbers and not the U-3 numbers that he points to.
http://cultureofeden.wordpress.com/
In order to make a better society, first you must make a better person.
Pro 26:4 Answer not a fool according to his folly, lest thou also be like unto him.
Pro 26:5 Answer a fool according to his folly, lest he be wise in his own conceit.
Not quite as bad as Greece with 25% unemployment and half the young population unemployed.
http://www.usnews.com/news/business/...ove-25-percent
Still, I wonder if those are U-3 numbers.
http://cultureofeden.wordpress.com/
In order to make a better society, first you must make a better person.
In fact I've heard that he may count those new part time jobs as "jobs created." The reality is however, that these people will be worse off as a direct result of obamacare.
I'm sure one of our liberal friends will be along any minute though to tell us how working only part time is in these people's best interests. They will now have more freedom to pursue "other activities."
"Never attempt to teach a pig to sing; it wastes your time and annoys the pig."
-Robert A. Heinlein, science-fiction writer
Now, couldn't this be a 2-way street? Employees quitting jobs that they worked just for the insurance benefits?
"Never attempt to teach a pig to sing; it wastes your time and annoys the pig."
-Robert A. Heinlein, science-fiction writer
Pro 26:4 Answer not a fool according to his folly, lest thou also be like unto him.
Pro 26:5 Answer a fool according to his folly, lest he be wise in his own conceit.
It "helps" when you claim creation of jobs in districts that don't even exist:
http://abcnews.go.com/Politics/jobs-...3#.UHiEF1Gz58e
malo periculosam libertatem quam quietum servitium
A rather funny claim given that the U-6 numbers are 0.5% higher than it was when he took office. That suggests 0.5% of the workforce who used to work full-time is now working part-time, a downside from any perspective.
I think people will decide what's in their own best interests. And the people have already spoken given that the part-time employment numbers only counts those working part-time but want more hours. I suppose that means those working part-time and don't want any more hours are among another category that is invisible to even the U-6 numbers.
http://cultureofeden.wordpress.com/
In order to make a better society, first you must make a better person.
Last edited by timcsaw; 10-15-2012 at 11:37 AM. Reason: typo
Pro 26:4 Answer not a fool according to his folly, lest thou also be like unto him.
Pro 26:5 Answer a fool according to his folly, lest he be wise in his own conceit.
If you want more employment you need only eliminate modern farm equipment and demand that all college students contribute a couple of months a year picking crops.
I suspect most of us want better employment and not just more employment.
n2s
Last edited by not2sharp; 10-15-2012 at 02:52 PM.
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There is no good, no evil, no saints, no demons; There are just ordinary people making ordinary choices.
Returning jobs in manufacturing from overseas would help immensely. Farm labor requirements have been dropping since the 1950's, correctly put, in large part by the adoption of mechanization. However a good number of agricultural jobs cannot be mechanized. Surely a few unemployed people would be willing to perform harvest labor if a sizable portion of the 20 million or so people here illegally were not available to do it. Likewise in the construction industry. Returning customer service jobs from the Middle Eastern countries to this nation would help as well. Luckily, except for the agricultural sector, wages in those other job markets are indeed high enough to attract American workers. If the jobs were not already filled by foriegn labor. We've seen first hand how effective the government job creation incentives have worked these past four years. 30+ million dollars spent to create 25 jobs?
I think it is occuring already
The return of the US manufacturer
I can't find the 2011-12 data
More jobs return to the U.S.: Is it a trend?Manufacturing bouncing back as U.S., Colorado companies reshore jobsThe "reshoring" trend is taking hold in Colorado and across the country, providing an economic boost to local communities...
Does Obama get the credit for the return of jobs from China?![]()
All of these charts are interesting and I do appreciate Trent's providing them for us (I'm glad someone is paying attention!).
I also like this chart... I think it speaks volumes.
One of the key indicators that people refer to when they talk about the economy is the jobless rate. The problem with that metric is that the jobless rate is an extraordinarily imprecise measure because people who’ve stopped looking for jobs are no longer counted. So theoretically, the jobless rate could be zero if every American were unemployed and had given up on looking for a job. The jobless rate is a particularly inaccurate measure of how fast the economy has been creating jobs since Obama came into office because an inordinate number of Americans have given up on finding a job.
In fact, when you actually see how many people have given up, it will STUN you.
For every man who has gotten a job under Obama, almost 10 Americans have dropped out of the labor force. That’s not a trickle; it’s a flood. That’s not a decline; it’s a collapse. It’s not a fender bender; it’s the Hindenburg disaster. What do you even say to something like that other than, “This chart proves beyond a shadow of a doubt that Barack Obama doesn’t deserve a second term.”
Pro 26:4 Answer not a fool according to his folly, lest thou also be like unto him.
Pro 26:5 Answer a fool according to his folly, lest he be wise in his own conceit.
That did not work in Georgia and Alabama this past year. They passed those very harsh anti-immigrant laws and people left. The few locals that did show up to pick berries, etc. generally lasted until lunch the first day. Crops in Georgia and Alabama rotted in the fields in a number of cases.
Joe Mandt
St Petersburg, FL
ABS Apprentice Smith and Honorary Eurotrash
www.JMForge.com
Blade Show Table 21N
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