Workforce Could Shrink by 2 Million People Because of ObamaCare

Under the law, consumers do not have to rely on employers for insurance and can purchase coverage on the federal and state-run exchanges


Over the next decade, 2 million workers could decide to leave the workforce because of ObamaCare, according to a new report.

According to the report from the Congressional Budget Office, the workforce is projected to shrink by 2025 by just under 1 percent—the equivalent of 2 million full-time workers—because of the health care law and its incentives for workers. “Some people would choose to work fewer hours; others would leave the labor force entirely or remain unemployed for longer than they otherwise would,” the CBO said in its report. More...

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