Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time The decline of conventional full-time work has impacted every demographic. Whether this change is good or bad depends on what kinds of jobs people want. “Workers seeking full-time, steady work have lost,” said Krueger. ” Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time The relationship between Obamacare and part-time work is because of this requirement of Obamacare: ObamaCare’s “employer mandate” is a requirement that all businesses with 50 or more full-time equivalent employees (FTE) provide health insurance to at least 95% of their full-time employees and dependents up to age 26, or pay a fee. ObamaCare Employer Mandate Up to 250,000 positions may have been eliminated by small businesses seeking to avoid Obamacare’s employer mandate, according to estimates in a new working paper distributed by the National Bureau of Economic Research. Altogether between 28,000 and 50,000 businesses appear to have reduced their number of full-time employees from 2014 to 2016 because of the mandate. Businesses eliminated hundreds of thousands of full-time jobs to avoid Obamacare mandate So for example employer health insurance cost the employer on average "Coverage with employer health insurance averaged $409 a month per person." https://www.ehealthinsurance.com/re.../much-companies-pay-employer-health-insurance So a small employer with say 49 employees wants to hire the 50th employee. Monthly cost for health insurance by hiring that 50th employee: 50 times $409 equals $20,450/month $245,400 per year directly from the bottom line of the business. This small firm with 50 employees average gross revenue: $3,600,000 How Does Your Revenue Stack Up to Other Small Businesses? | QuickBooks Net profit average per small firm is about 16% What’s a Good Profit Margin for a New Business? So now this small business with a net profit of $575,000 has this profit reduced due to Obamacare : Net income before Obamacare: $575,000 Health insurance premium: 245,400 Net income after premium $330,276 percent reduction in net: Nearly 60% reduction in income. HENCE...the employer says: hmmm well I won't hire one full time but two part-time!!!