New data out today in the Bureau of Labor Statistics Monthly Employment Report show that of the increase in employment since the Affordable Care Act became law, more than 9 out of 10 positions have been full-time.
The Affordable Care Act continues to improve the functioning of labor markets in a range of ways including helping to slow the growth of premiums, creating affordable new options for small businesses, reducing the “job lock” that can keep workers from taking the best job for them, and generally improving health outcomes and reducing absenteeism. We are already seeing tangible changes in affordability, including premium growth at less than one-third the rate of the late 1990s and early 2000s.
Businesses owners who are looking to take advantage of tax credits, and other benefits under the law aimed at making coverage more affordable are encouraged to visit Business.USA.gov/healthcare for more information.
Moreover, to date there is no economy-wide evidence that the employer responsibility requirement, which is scheduled to go into effect in 2015, is increasing part-time employment. In fact, a range of labor market data shows that our patterns of part-time employment are typical given our current economic recovery. Five charts make five key points in this area:
1. Of the increase in employment since the Affordable Care Act became law, more than 9 out of 10 positions are full-time. Over the 41 months since the Affordable Care Act was signed into law, 91 percent of the increase in employment is due to full-time work. This pattern has roughly held over the past twelve months, with 86 percent of the increase in employment due to full-time work.
Fonte: White House