Federal Reserve Acknowledges ObamaCare Is Leading to Layoffs
- OurStudio
- Mar 6, 2013
- 1 min read
The Federal Reserve on Wednesday released an edition of its so-called "beige book," that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring.
"Employers in several Districts cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire more staff," said the March 6 beige book, which examines economic conditions across various Federal Reserve districts across the country.
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