Unintended consequences

IBD - Gallup's survey found that the percentage of part-time workers as a share of the overall labor force surged to 20.6%, the highest level in data going back to the start of 2010 — just as the employment recovery began.

Why so many temps?

Barron's - ....the pervasive incentives resulting from Ombamacare, which requires that employers with at least 50 workers on their payroll buy health insurance for those who work 30 hours or more. ... there is therefore an incentive to keep workers on part-time status, even if they want full time-work.

The markets always win. A bad idea eventually has bad consequences.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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1 comment:

Ken said...