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Friday, March 29, 2024

Mish Obamacare Mailbag: Expect More Part-Time Jobs

Courtesy of Mish.

I received a number of interesting emails from readers in response to Prepping for Obamacare, Olive Garden and Red Lobster Cut Workers’ Hours; Are Other Companies Doing the same? Tip Sharing Lowers Minimum Wage; Like One, Like All?.

Here is a sampling of emails.

Reader John, Owner of 37 Restaurants Chimes In

Hello Mish,

I own a chain of 37 fast food restaurants. I am doing the same thing as Olive Garden  [going to part-time workers] as are many of my small (50 to 1000 employees) competitors. This ObamaCare tax will continue to cause a large shift in employment figures starting now and continuing for the next several years, decreasing the unemployment rate as each full time employee gets replaced with more than one part time employee.

John

Reader Kris writes About Whole Foods

Hello Mish,

Thanks for your wonderful data analysis on all my favorite B(L)S topics…

As an anecdotal note to Prepping for Obummer care… Whole Foods also limits their non-management hourly workers to 20 to 29 hours per week. Says so right on any of their existing location employment openings via their online application process.

Thanks and keep up the great debunking work.

Kris.

Reader Mark (a Medical Doctor) Discusses Obamacare

Hello Mish,

That Obamacare encourages part-time employment is as clear an argument as can be made for separating health care coverage from employment.  There are no advantages to the American public at large of creating a large underclass of uninsured people flooding ER’s for expensive and fragmented care providing poor outcomes at high cost.  That is where we will be headed if corporations decide that their workers don’t matter….

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