End of the Age News

Obamacare May Cause 2 Million Workers to Reduce Work Hours by 2017

The Congressional Budget Office stated on Tuesday that by 2017 the American workforce could be diminished by 2 million full-time workers because of President Obama’s Affordable Healthcare Law, better known as Obamacare. The number rises to 2.5 million by 2024. In an effort to avert the loss of governmental subsidies provided by Obamacare, many employees, especially those with lower paying jobs, will reduce their work hours.