Wednesday, October 2, 2013

More Obamacare fallout

On Sept. 23, RtO noted that despite hysterical claims that Obamacare is destroying jobs, the evidence goes the other way.

More evidence today:

Enterprise Holdings, the nation's largest rental car company, plans to hire 11,000 new full-time workers by the middle of next year.
Company executive Marie Artim announced the expansion in an interview Wednesday with The Associated Press.
The hiring is expected to be complete by July 31, and could boost the company's workforce to more than 80,000, depending on attrition.
The company website notes that the company hires about 8,000 college grads each year, so even if most of the 11,000 hires are built in to its annual cycle, that suggests a big jump in full-time hiring.

Interesting, too, that these are full-time jobs. Rental car businesses often have big seasonal swings and big daily pulses of activity, the sort of situation that usually encourages managers to try to use a lot of part-time workers.

Is there any rightwing knock against Obamacare that is reality-based? Not so far as RtO has seen.


Found this at The Washington Post:


  1. From the obviously reality based NYT, because it is left wing, and therefore knows everything:

    In a Chamber of Commerce survey in July, about three-quarters of small businesses said the law had made it harder to hire. Of those affected by the employer mandate, half said they would cut employees’ hours or replace full-time workers with part-time.


    Over time, though, the Affordable Care Act may affect the hours worked and employment status of millions of Americans, economists said. That includes increasing part-time employment, with many businesses expected to start making changes in the second half of next year as the mandate comes into effect in 2015.

    A study by the University of California, Berkeley, identified workers at businesses with more than 50 employees working just over 30 hours a week as the most vulnerable to having their hours cut — particularly those who do not currently have insurance through their employer and are earning relatively low wages. About 2.3 million workers fit that description, many in the food-service, retail, health care and nursing home sectors.

    Of course, the article is filled with caveats, and opposite predictions. But the important thing to keep in mind is that virtually all the incentives are perverse -- if you have a 49 person company and are thinking of hiring a couple people ...

    (Oh, and your hiring anecdotes, as with all other anecdotes posing as data, are worthless. You have absolutely no idea how much hiring would have gone on without these new mandates, but you are implying you know it wouldn't be more, or are hoping your readers too dumb to stumble upon that conclusion themselves.)

    1. Well, we do have the examples of Hawaii and Massachusetts to go by.