Fed Surveys Highlight Job Risk in Healthcare Reform

“In New York state, 7.6% plan to fire or refrain from hiring in order to stay under the mandate, and 6.5% plan to shift from full time to part-time workers. In Philly the answers are 5.6% and 8.3%, respectively. Many also planned to outsource work. [Respondents were allowed to select more than one option.] Whether companies carry out these strategies will depend greatly on the level of demand in coming years. But the shift to part-time workers would carry on a trend started in the last recession that has been slow to reverse in this recovery.”