Were you waiting for the other shoe to drop with the Affordable Care Act? It did today with the
Total hours worked will drop as much as 2% from 2017 to 2024 because of the ACA. A strange irony in this politically-charged drama is that the CBO expects less work hours to fall almost entirely on low-wage employees, a group that the ACA was designed, in large part, to help.
Todays CBO report is one more piece of bad news for the presidents troubled signature legislation that continues to spew a negative narrative and bad public relations.
Davidson, CEBS, is founder of Davidson Marketing Group, FutureOffice Network and FONHR. He is also on the faculty at the Sheldon B. Lubar School of Business at the University of Wisconsin, Milwaukee. Reach him at craigd@davidsonmarketing.com.