Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama Slashes Four Hours Off Definition of “Full-Time” Employment
Financial Sense ^ | 24 October 2012 | Michael Shedlock

Posted on 10/24/2012 6:17:10 PM PDT by Lorianne

The BLS Glossary defines full-time workers as "Persons who work 35 hours or more per week".

For monthly reporting, the BLS defines part-time as "those who worked 1 to 34 hours during the survey reference week". With that wording, I am not precisely sure where 34.1 or 34.5 hours fit.

Interestingly, the Obamacare mandate says Anyone Who Works 30-Hour Week Is Now 'Full-Time'

Lookback Period Three Months To One Year

The IRS has a publication on Determining Full-Time Status for Purposes of Shared Responsibility for Health Coverage. The key to explaining the recent jump in part-time employment is found in the look-back period.

Under the look-back/stability period safe harbor method, an employer would determine each employee’s full-time status by looking back at a defined period of not less than three but not more than 12 consecutive calendar months, as chosen by the employer (the measurement period), to determine whether during the measurement period the employee averaged at least 30 hours of service per week.

Common sense would dictate employers look back the minimum time (three months), as opposed to a year.

Thus, any employer in his right mind would reduce the hours someone worked from say 34 to something like 25 or 28, just to make sure the average hours worked was under 30.

If a lot of corporations did that, and a lot people had reduced hours, then corporations would have had to hire more workers to keep the same total number of hours.

Indeed there was a massive surge in part-time employment (+582,000) in October that spawned many conspiracy theories.

(Excerpt) Read more at financialsense.com ...


TOPICS: Business/Economy; Government
KEYWORDS: economy; obamacare; obamanomics; recovery

1 posted on 10/24/2012 6:17:10 PM PDT by Lorianne
[ Post Reply | Private Reply | View Replies]

To: Lorianne

So maybe the purple lipped prince can knock four hours off of my 60 hour week...oh, wait, he is trying already, iin’t he?


2 posted on 10/24/2012 6:25:44 PM PDT by IrishPennant (Dr Erkel and Mr. Jive...lurking the streets of DC)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

Where the f-— is Congress when these decisions are being made??? Are they sitting back and just letting this happen? What happened to checks and balances??


3 posted on 10/24/2012 6:26:00 PM PDT by ObozoMustGo2012
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

This is like stuff out of Orwell’s 1984,


4 posted on 10/24/2012 6:29:53 PM PDT by Empireoftheatom48 (Let's get the hell rid of Zero)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

every job will become 2 jobs, unemployment will drop to 4% and we’ll all still need food stamps because we only get 20 hours a week


5 posted on 10/24/2012 6:42:37 PM PDT by GeronL (http://asspos.blogspot.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ObozoMustGo2012
Guess you didn't get the memo.

8% is now full employment (European Business Model, here we come)

6 posted on 10/24/2012 6:44:52 PM PDT by gov_bean_ counter (ObamaCare is an assault on the unborn, infirmed and elderly. GOP, repeat this as necessary...)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Lorianne

Back in the day, before I worked for myself, 30 hours was the point where full benefits kicked in. We considered them “full time.”

I cannot imagine where HE heard that. He’s never worked in a business.


7 posted on 10/24/2012 6:47:09 PM PDT by Vermont Lt (The dude abides.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

Figures don’t Lie, Liars Figure!

Obozo Lies like all Commies. And his actions indicate he serves the father-of-lies.


8 posted on 10/24/2012 6:52:55 PM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne
government forced job sharing...
9 posted on 10/24/2012 7:11:13 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

4later


10 posted on 10/24/2012 7:26:14 PM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

4later


11 posted on 10/24/2012 7:26:14 PM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: ObozoMustGo2012

I agree. I’ve been wondering that for four years now. Supposedly, everyone’s afraid to challenge the black man hiding behind his race card out of fear a black uprising could be triggered over any action against 0bama. He is destroying America and our foreign policy at light speed, but at least we don’t have a black uprising. LOL I say, get on with it. No fear could be paramount to stopping his treason and his lies. None.


12 posted on 10/24/2012 7:30:03 PM PDT by Obama_Is_Sabotaging_America
[ Post Reply | Private Reply | To 3 | View Replies]

To: Lorianne

But this is how you kill the greatest superpower the world has ever known, without it being too obvious. Slowly it goes, progressively.. Progressive. CHANGE.


13 posted on 10/24/2012 7:32:44 PM PDT by Obama_Is_Sabotaging_America
[ Post Reply | Private Reply | To 1 | View Replies]

To: ObozoMustGo2012

Because congress does the bare minimum. they don’t even write stuff half the time, they get staffers to do it. then they pass stupid vague laws that are then actually implemented by regulations. the the real power is with the bureaucrats writing the rules, and congress are full of f-ups making stupid meaningless resolutions and proclamations and general time-wasters.
that’s why really what needs to go are all the bureaucracies. the dept. of redundancy departments have got to go.


14 posted on 10/24/2012 8:00:05 PM PDT by visualops (artlife.us)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Lorianne

30 hour week full time status ..... Obamacare rules!!!!!


15 posted on 10/24/2012 8:02:16 PM PDT by RetiredTexasVet (The law of unintended consequences is an unforgiving and vindictive b!tch!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

Split every business into two companies and swap emoployees, 20 hours for company A then 20 hours for companjy B then employees switch companies!

Each employee gets their 40 hours but none makes over 20 hours for any one company.


16 posted on 10/24/2012 8:17:47 PM PDT by dalereed
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

Obviously to make the mandate apply to part time workers by falsely considering them as full-time. too many businesses would be able to skip out on the mandates if this wasn’t done.

Communists are such totalitarian bastards. They are the most anti-choice people - on all issues except abortion - that you can find.


17 posted on 10/24/2012 9:14:12 PM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson