ACA Has Little Effect on Business’ Planning, Hiring, Survey Finds
The vast majority of U.S. companies say that implementation of the Affordable Care Act will not affect their business or hiring practices, according to a survey released Monday by the National Association of Business Economics, Bloomberg Businessweek reports.
The survey -- which was conducted between Dec. 19, 2013, and Jan. 6 -- polled 64 corporate economists.
The survey found that:
- 85% of respondents said the ACA will not affect their hiring plans;
- 75% said the law will not affect their expectations or planning this year;
- 21% said the law would have a negative effect on business conditions; and
- 5% said the ACA would have a positive effect on business conditions.
Meanwhile, 6% of respondents said they might have to employ more part-time workers and fewer full-time employees, while 8% said the ACA might lead to changes in hiring practices for all types of workers (Torres, Bloomberg Business Week, 1/27).
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