Tuesday, April 16, 2013

More Evidence of the 29-Hour-Week As The Official US Work Week

The MDW started talking about this long before it became a mainstream issue: employers would start cutting hours now that the Federal government has defined the "official US work week" as 30 hours. Another employer has announced it will start cutting hours.

Breitbart is reporting:
Monday, Regal Entertainment Group, the largest movie theatre chain in the country, announced that thousands of employees will have their work hours cut -- as a direct result of the added cost of the new ObamaCare mandates that become effective later this year. 
In a memo to employees, management was blunt: “To comply with the Affordable Care Act, Regal had to increase our health care budget to cover those newly deemed eligible based on the law's definition of a full-time employee.” 
Fox News reports that, as a result of cutting employees' work hours (which is, of course, the same as a pay cut), full-time Regal managers have resigned in "a wave" after their hours and pay checks were slashed by as much as twenty-five percent
I am still willing to wager that ObamaCare implementation will be delayed until after the mid-term elections, or at least generous waivers will be the norm.  In addition to more stories like this, Ms Sibelius is simply not prepared to enroll tens of million of new healthcare beneficiaries later this year.

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