When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Sunday, July 28, 2013

Obamacare Has Negative Impact on Jobs

Two-thirds say less likely to add new employees due to Obamacare--

Mish's Global Economic Trend Analysis: Survey on Impact of Obamacare on Corporate Hiring; Businesses Far More Pessimistic vs. March: "Sageworks surveyed 300 accounting professionals who work closely with [privately held] firms and found that 66 percent expect the new health care changes will make it less likely that businesses will add new employees in the next year. Sixteen percent said it would have “no impact,” and 14 percent of respondents said they were “unsure” about the ultimate impact. Only 2 percent said the Act makes it “more likely” that businesses will add new employees. "

    

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