Posts Tagged ‘job loss’

Healthcare Reform & Jobs

November 12, 2012

Healthcare Reform & Jobs

Will “ObamaCare” kill jobs? The new Affordable Care Act healthcare reform law is modeled after the Massachusetts healthcare law, “RomneyCare,” and the Urban Institute recently studied the situation there. So has RomneyCare killed jobs in Massachusetts?

No.

“Will the Affordable Care Act Be a Job Killer?” Lisa Dubay, John Holahan, Sharon K. Long, and Emily Lawton, Urban Institute Health Policy Center

But beware. ObamaCare will affect your job if your boss is a lunatic, right-wing, GOP ideologue:

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(un)Employment Report: No New Jobs

September 3, 2011

(un)Employment Report: No New Jobs

The Bureau of Labor Statistics has released the jobless numbers for August 2011.

The official unemployment rate, the one in the headlines, is 9.1%. The real unemployment rate: 16.2% (includes people who no longer get unemployment benefits, need work but have stopped looking because it’s futile, or have only found part-time work). The official rate hasn’t changed from last month, the real rate has grown by a tenth of a percent. Learn more here.

45,000 jobs were temporarily lost in the Verizon strike, and those workers are back on the payroll this month, but the 17,000 government jobs eliminated last month are permanently gone. While 62,000 private sector jobs were added in August, this is no comfort to America’s 14 million unemployed.  More that 6 million of them have been out of work for over six months.

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