Update on the Economic Story of 2013
Yes, more evidence that the PPACA is ending full-time work in the American retail service sector
Circle K Southeast joined a growing list of national companies shifting workers to part-time status this week, in order to avoid paying Obamacare’s mandatory benefits, CBS-WTOC reports.
The alternative is to pay a $2,000 fine per fulltime worker who is not covered, leading Circle K to become the latest in a long line of companies to slice employee hours to avoid increased costs.
Here was my article several weeks ago in Forbes, though I have been predicting this since last year (when my own company started planning for the same change).
