Source: Daily Kos
I had Yet Another Republican (presumably) go off on how Obamacare destroyed jobs—or at least full-time jobs. So the obvious thing for me to do was to grab the stats and generate some graphs.
They’re below the rolled-up pink slips.
Thu Jul 30, 2015 at 1:27 PM PT: The two pivotal times for Obamacare in this time span are:
March 23, 2010 – President Obama signed A C A into law
January 2014 – most major provisions fully implemented
(thanks to RobertInWisconsin for pointing that out).
Notice that those dates don’t particularly stand out on any of the graphs without an arbitrary marker..
You can find the marked version of these graphs here.
Sat Aug 01, 2015 at 9:07 AM PT: As pointed to by ThinkFirst — Part Time for Economic Reasons. Again, from BLS — it’s people who are part-time because they couldn’t find full-time work. If Obamacare DoomsDay predictions were correct, we would expect to see the graph jump around the beginning of 2014 when the ObamaCare mandate kicked in … Instead the graph shows the bush hill. Evens out during the Obama administration, and then drops about the time ObamaCare kicks in, with no bottom in sight.
So, the statistics that I thought were most susceptible to change if the doomsday predictions were true: Employment, Hours worked, and Terminations (layoffs and firings) … so here are the graphs (with links to the appropriate spreadsheet).
As you can see, employment tanked after the Bush meltdown, and has climbed ever since. Nary a blip around April 2014 when the first enrolment period ended.
If people were getting fired over Obamacare, we should see a sharp spike in the number of people being fired. Quite to the contrary, the baseline for the number of people being fired jumps during the Bush meltdown, returns to normal around 2011, and then mysteriously drops around 2013 and stays below the 2005 average. If anything, the “Obamacare jump” seems to be a small jump down.”Oh, no, no!” scream the Obamacare haters. “People didn’t get fired, they just got their hours cut to part time.” So we have to graph the average number of hours worked in a job. (In this case, the BLS stat was the month-to-month change in hours worked, so I just summed this up, and graphed it with the 2005 average being the zero base.)
Once again, we have the Bush Meltdown crater, then things recover (mostly). There seems to be a small drop at the beginning of 2014, but it’s more like a blip—then things quickly recover, and actually rise at the beginning of 2015 to pre-meltdown levels.So, overall, these stats seem to show that Obamacare has had little, if any effect on employment. If it has had an effect, I would say that it has been very mildly positive. Certainly there are no signs here of the massive doom predicted (and still asserted) by Republicans and other detractors of the Obamacare law.
Originally posted to darkonc on Wed Jul 29, 2015 at 02:06 AM PDT.
Also republished by Good News, Community Spotlight, and Daily Kos.