Obamacare Is to Blame For the High Unemployment Rate

“The US unemployment rate is continually high, and many are now blaming Obamacare as employers cut hours to avoid having to offer health insurance.

“The current unemployment rate is 7.6 percent and the labor market is said to be weak.”

“…the percentage of employed Americans is 58.6 percent. Before the recession, that number was 63.4 percent.”

“…Underemployment rates are even worse…If they are included in the unemployment rate, the number jumps to 13.8 percent.

[…]

“…Derryck Green of Project 21, a black leadership network, said “I think people have gotten used to low expectations as it pertains to the economy. [Businesses are not hiring and expanding] because they cannot afford the financial penalty that’s going to come with providing all of their employees with company paid-for healthcare.”’

Obamacare Is Blamed For High Unemployment Rate In U.S.

Ashley Davis,

June 11, 2013

http://www.opposingviews.com/i/health/obamacare-blamed-high-unemployment-rate-us

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