“The least-skilled workers are seeing their wages fall over time, largely because they are out of work and failing to acquire the skills that come with working. Moreover, the new health care regulations going into effect in January are expected to reduce cash wages, as many employers of low-skill workers are hit with per-employee fines of about $3,000 per employee per year, as the law mandates new fringe benefits for other employers and low-skill workers have to compete with others for the part-time jobs that are a popular loophole in the new legislation.”
http://www.economicpolicyjournal.com/2013/03/why-obamacare-will-result-in-decline-in.html
(Visited 36 times, 1 visits today)
Related posts:
German Gold Repatriation Accelerating
Serious Revolving Door Move (Hedge Fund Edition)
Government Is Addicted to Banning Substances
Global warming is ‘no longer a planetary emergency’
Stopped-and-Frisked: 'For Being a F**king Mutt'
Senator Leahy Slams NSA Surveillance, Aims For Changes To FISA Court
8 Great Libertarian Apps That Make Your World Freer & Easier to Navigate
Homeland Security to subpoena Techdirt over an article comment
2013: Year Of The Bitcoin
International 'war' on illegal drugs is failing to curb supply
US State Representative adopts Bitcoin donation system
Colorado, Oregon, Washington or … Uruguay, who will be first?
Lawmakers ‘unjustifiably focus’ on illicit drugs rather than alcohol: report
Consumer demand for gold jumps 53%
'Goldmine': NSA Vacuuming Up Millions of Text Messages Daily