Monday, June 24, 2013

Gallop Poll: 40% of small businesses say that Obamacare has caused them to freeze hiring

Since most new jobs are created by small businesses, this is going to crate the job market later this year.

Via TWS:
A new Gallup poll of small-business owners indicates that Obamacare is having a dramatic and deleterious effect on Americans’ employment prospects.  More than 40 percent of small-business owners say that Obamacare has caused them to freeze hiring, while nearly a fifth say that it has caused them to cut existing workers.  According to the poll, 41 percent of small-business owners have frozen hiring, while 19 percent have “reduced the number of employees [they] have in [their] business as a specific result of the Affordable Care Act [Obamacare]” (italics added).

The Gallup poll was commissioned by Littler Mendelson, a firm specializing in employment law.  Steven Friedman, an attorney for the firm, said of the results, “We were startled.”  He added that these are “some pretty startling answers.”

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