Obamacare Hiring Freezes, Firings Affect Half Of Small Businesses

Obamacare Hiring Freezes, Firings Affect Half Of Small Businesses

An Obamacare hiring freeze is affecting half of small businesses according to a recent poll.

As previously reported by The Inquisitr, some economists are blaming Obamacare for the high unemployment rate and a weak labor market.

The Obamacare hiring freeze is affecting middle class Americans greatly. About 41 percent of small businesses claim Obamacare has caused them to stop hiring. Another 19 percent said they have actually fired employees in order to handle the rising costs associated with Obamacare. Many other businesses are responding to Obamacare by reducing hours to less than 30 combined with dropping health insurance benefits.

Attorney Steven Friedman, whose firm commissioned the Gallup poll, was surprised the Obamacare hiring freeze was impacting so many small businesses:

“We were startled because we know that employers were concerned about the Affordable Care Act and the effects it would have on their business, but we didn’t realize the extent they were concerned, or that the businesses were being proactive to make sure the effects of the ACA actually were minimized.”

The silver lining to the jobs lost by Obamacare hiring freeze is that the government will be hiring “tens of thousands” in order to implement the Affordable Care Act. Hundreds of millions of dollars are being spent on data centers for sharing medical information and maintaining the state insurance exchanges. In addition, Federal agencies, including the IRS, will be hiring thousands more since the IRS is overseeing the long term running of Obamacare.

What do you think about Obamacare, legally known as the Affordable Care Act?