Economists reject Republicans claims that health law is decimating Kentucky jobs. Key Republicans running for election Nov. 4 say the federal Affordable Care Act is putting Kentuckians out of work, but employment data and interviews with Kentucky-based economists suggest otherwise…Factually, the claim doesnt appear to be accurate. Kentucky had 26,271 more people working last month than it did in March 2010 when President Barack Obama signed the Affordable Care Act into law, according to the U.S. Bureau of Labor Statistics. The states unemployment rate in that same period fell from 10.5 percent to 7.1 percent. Manoj Shanker, an economist at the Kentucky Office of Employment and Training, said the health care law is expected to be a net gain for the economy.
Posted on: Sun, 28 Sep 2014 01:55:20 +0000
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