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Originally Posted by memason
Much of the full-time/part-time issue is benefits. Medical costs are crippling businesses and it has nothing to do with Obamacare. Medical costs have been skyrocketing for many years.
I used to work for a multinational company that was self insured. They were spending in excess of $500m/year for health care 5 years ago.
But, no doubt about it, it's a tough economy right now... Lots of folks are hurting.
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You are right on the money. Imagine what would happen to corporate retirement plans if Medicare wasn't there to contain some of their costs.