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Obamacare, tepid U.S. growth fuel part-time hiring

U.S. companies hired at a steady speed. The only problem is that three quarters of this year, nearly one million employ four part-time and low-paid is a lot of work.
Faltering economic growth and domestic concerns President Barack Obama's signature health care law will encourage enterprises to consider the cost of full-time employees behind the wariness in staffing and payroll company executives said.
Employers say, part-time to provide them with flexibility. If the economy improves, they can quickly provide full-time job. If the order is exhausted, they know what the costs under control. It also helps them to contain costs, they may face under the Affordable Care Act, "also known as Obamacare's.
This can become a new employee, wages lower business, such as retail and food service, do not have the disposable income to promote the demand for goods and services focused on less than a virtuous circle.
However, some economists say, as the economy strengthened and businesses to obtain more certainty how they will affect Obamacare dependent proliferation of part-time workers will fade.
In some labor dispatch unit manager told Reuters reporters, law requiring 50 or more full-time workers 'employer-provided health insurance or incur a fine of part-time workers' demands, is a frequently cited factor. Has not made much difference in the decision to delay hiring decisions mandate until 2015, they added.
"We and others are employed part-time, because we do not know what the costs are going to employ full-time," the cornerstone of the search group's founder Steven Raz said that in Parsippany, New Jersey staffing firm. "We're cautious."
Raz said that his company began early this year to see a part-time job at the end of 2012 the rise at full capacity. He estimates that his company compared to last year grew 10% and 15%, respectively.
Other staffing companies also noticed a change.
"They have to hold full-time jobs and hire part-time employees, so they will not pay benefits, said:" The customer's HR solutions Darin Hovendick. "There is so much uncertainty. Designed budget is really difficult when you do not know the final cost involved."
Cautious strategy
Obamacare's employer mandate "confused people even further delay," the company in Orlando, Florida, technicians, managing partner at Kavaliro, said Bill Peppler. "When we talk to customers, I still do not think anyone has a handle."
Obamacare's appear to have the most influential small and medium-sized businesses hiring decisions. Although small enterprises accounted for a smaller share of work in the economy, they are new to an important source of employment opportunities.
Some companies took their number of employees below 50 and cutting the work week for 30 hours in order to avoid providing health insurance for employees, according to staffing and payroll management staff.
According to Obamacare and that any work 30 hours or more are considered full-time employees. An effort to trim hours, may help, the average work week in July pushed to the six-month low.
"As organizations and companies to reduce hours of part-time workers, they still have the ability to replace, so they went out and hired additional part-time workers, said:" Philip Noftsinger CBIZ Payroll in Roanoke, Virginia, president, responsible for managing the payroll more than 5,000 small businesses.
Some large companies are also leaning more part-time.
Wal-Mart has hired more part-time workers, although it said the move is to ensure that appropriate staff, is the busiest store, rather than cost-cutting efforts.
A spokesman with Kory Lundberg said that the world's largest retailer launched approximately 75,000 people from part-time to full-time work, the annual orbit in 2013 to do so again. (Here)
Similarly, a leaked memo from the adolescent and young adult retailer Forever 21 last week showed that reducing the number of full-time staff positions, where they will not work more than 29.5 hours per week under Obamacare threshold.
In a statement, the company said the move will affect less than 1% of its store employees in the United States, and to take better align staff sales expectations - not the Affordable Care Act "under to reduce costs .
Some public school boards and local governments, including the city of Long Beach in California, has also been cutting hours.
"30 to 40 hours can be the difference between one to three months to make ends meet the difference between the" Heidi Shierholz said the Economic Policy Institute in Washington, a senior economist.
"This helps reduce living standards for American families and to translate into less income to spend on goods and services, holding the economy."
Weak economy does not help
Obamacare is just one factor. Part-time work also reflects the surge has been trying to maintain a decent economic growth.
Has left business owners, such as Jason Holstine, who owns a building materials supermarkets, Baltimore, Maryland in the United States, unwilling to bear the full-time employees.
Holstine said he was more concerned about Obamacare than budget policy in Washington, as the federal government cuts spending vacations tied round led to some of his clients to home renovations shelved.
"We are still working environment, it is very difficult to predict in the near future, is still very restricted cash, and said:" Holstine. "We are always flexible, but we have to become more reactive. Use part-time gives us more flexibility."
San Francisco Federal Reserve Bank, said in a paper published last month by the fiscal and regulatory policy uncertainty has left the U.S. unemployment rate higher than 1.3 percent in the last year than otherwise would have been. In December, the unemployment rate was 7.8%, it had fallen to 7.4%.
"This is below about 20,000 jobs, Keith Hall said:" We should have been in 2012, because of policy uncertainty, in Arlington, Virginia, at George Mason University's Mercatus Center senior researcher.
Economists and staffing company part-time employment and low wages, the environment will fade away, as the economic recovery momentum in the second half of this year, 2014 is cautiously optimistic.
However, companies are accustomed to operating with fewer workers, may not be in a hurry to change course. Financial analysis firm Sageworks, a study found that profit per employee in the privately held company in 2012 from about $ 14,000 in 2009, jumped to more than $ 18,000.
"Private employers are able to make more money with fewer employees, or have been able to make more money without additional staff, Sageworks analyst, said:" Libby Bierman. "For business during the recession has taught us that lean operations."



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