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Obamacare, Minimum-Wage Hike to Spike CA Low-End Labor Costs 50%

Investor’s Business Daily (10/15/13) Jed Graham

California’s minimum wage increase to $9 per hour in July 2014 and $10 in January 2016, coupled with the Affordable Care Act’s employer penalties, is expected to increase employer labor costs associated with the state’s lowest-paid workers by 50% or more per hour by 2016. The ACA employer mandate could add about $2.58 per hour to the pretax cost of a full-time minimum-wage worker.

Some employers are expected to avoid added labor costs under the ACA by making full-time workers part-time, and at least a dozen employers in the state have plans to cut hours or staffing levels in response to the law.

Find What You Need for Your Business—Shop the ASA Marketplace

The ASA Marketplace has been getting rave reviews from staffing professionals looking to purchase products and services for their companies.

Unlike any online resource of its kind, the content-rich, user-friendly ASA Marketplace features one-click access to supplier company news releases, allows searches by industry sector, delivers geographical search capabilities for firms with multiple locations, and much more.

Shop the ASA Marketplace—your No. 1 source for suppliers to the staffing industry. Suppliers interested in getting listed or advertising should contact Antoinette Dixon at 703-253-1142.