The House Ways and Means Committee reported Aug. 5 that - TopicsExpress



          

The House Ways and Means Committee reported Aug. 5 that approximately 88 percent of the jobs created under President Obama have been part-time jobs. “The reality, as you dig into the latest jobs data, reveals that few are finding the full-time work they want and need, and many are forced to accept part-time employment,” the committee said. The BLS statistics show that under Obama, 1,882,000 part-time jobs have been created, compared to only 270,000 full-time jobs created between January 2009 and July 2013. On Aug. 21, Reuters reported that three out of four of the nearly 1 million jobs created in 2013 are part-time, with many of the jobs low-paid, a phenomenon Reuters attributed to an unanticipated adverse economic impact of Obamacare. “Faltering economic growth at home and abroad and concern that President Barack Obama’s signature health care law will drive up business costs are behind the wariness about taking on full-time staff, executives at staffing and payroll firms say,” Reuters reported.
Posted on: Sun, 01 Sep 2013 20:57:36 +0000

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