Federal Reserve economists have now weighed in on the job-killing aspects of the Patient Protection and Affordable Care Act.
Some political conservatives are sure to balk, but according to these economists, the PPACA has had little or no real impact on the relatively high percentage of part-time workers seen today.
Relying on the U.S. Bureau of Labor Statistics' definition of part-time workers – those who typically work fewer than 35 hours per week — Rob Valletta and Leila Bengali of the Federal Reserve Bank of San Francisco titled their paper, "What's Behind the Increase in Part-Time Work?" Their thoughts are best summarized in this salvo:
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