Friday, November 16, 2012

Why The U.S. Job Market Remains Terribly Bleak

Forbes on the increasing cost of labor:
health reform will require family coverage that is expected to average more than $15,000 a year. For $15 an hour employees, that sum equals more than half their annual wage. Unless they move to part-time employment or pay a hefty fine, employers of low-skilled workers are about to get hit with mandated benefit that will increase their labor costs by 50% or more.