A new study by the research staff at Investors Business Daily has found that, so far, 258 employers have cut work hours and positions in response to Obamacare mandates. As IBD reports:
Mind the data has been the refrain from the White House as it downplays anecdotal reports of employers limiting workers to fewer than 30 hours per week. But the anecdotes are piling high enough that they now constitute a body of data that can help gauge the impact of the Affordable Care Act’s employer mandate.
The result?
Almost all of those [258] employers have cut the hours of part-time workers to below 30 per week — the point at which ObamaCare’s insurance mandate kicks in. A few have cut payrolls to steer clear of ObamaCare’s 50 full-time-equivalent-worker definition of a large employer subject to employer fines. A few others have reduced staff while contracting with employment services firms to limit their ObamaCare exposure.
IBD has published a complete list of the 258 employers here.
