Monday, June 9, 2014

Is Obamacare a job killer?

Not according to Dan Diamond, writing in Forbes (my emphasis):

Since the Affordable Care Act was signed into law in March 2010, the health care industry has gained nearly 1 million jobs—982,300, to be more precise—according to Bureau of Labor Statistics estimates released on Friday.

Meanwhile, the rest of the economy has added 7.7 million jobs since March 2010, and for the first time, more people are working since the recession began five years ago.

Finally,

Private-sector jobs also grew for the 51st straight month, which ties the longest consecutive streak on record and overlaps with the passage of Obamacare 50 months ago.

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