You’ve Been Transformed … From FullTime To Part Time

40 becomes 30 … And then AMNETSY means those jobs become minimum wage or less…

Most full-time workers get medical-insurance benefits in their pay package; most part-time workers don’t.

But early next year, under the Affordable Care Act, part-timers will be eligible for medical benefits that rival those of full-timers. And as a direct result, predicts University of Chicago economics professor Casey Mulligan, the ACA will create a new set of incentives that will boost the share of workers employed part time, probably by quite a lot.

40-30

There is also a different set of ACA-induced incentives favoring part-time work. Under rules that have recently been delayed until 2015, Obamacare will require businesses with 50 employees or more to provide medical insurance for full-timers, but won’t require it when employees work less than 30 hours a week. Whether or not employers are already creating part-time jobs in lieu of full-time to anticipate this rule, it is bound to have a noticeable influence once the rules do take effect in 2015.

Comments are closed.

%d bloggers like this: