U.S. businesses are hiring at a robust rate. The only problem is that three out of four of the nearly 1 million hires this year are part-time and many of the jobs are low-paid.
Faltering economic growth at home and abroad and concern that President Barack Obama’s signature health care law will drive up business costs are behind the wariness about taking on full-time staff, executives at staffing and payroll firms say.
Employers say part-timers offer them flexibility. If the economy picks up, they can quickly offer full-time work. If orders dry up, they know costs are under control. It also helps them to curb costs they might face under the Affordable Care Act, also known as Obamacare.
Remember, just a week or so ago the White House was telling us that this is all a fairy tale.
Most would say that the administration is confident that it can lie to the American people about things like this and get away with it. That’s what I usually find myself thinking. Lately, however, I have begun to wonder if they really are stupid enough to believe their own nonsense (and please don’t say they’re both-they are either crafty spinmeisters or idiots).
Low information voters electing a low information regime? Hmmm…