50th Worker News Today

That any american business that hire as 50th worker is going to get massive penalties. if you move people into part-time employment out of full-time jobs and keep workers at 49 or below well reward you. if you go above 50 full-time workers, more than 30 hours were going to punish you. people would say he is crazy. that is what he did with obamacare. thats why were seeing the staggering numbers right now, because we actually tell businesses if you have more than, more than 49ful time workers, whi...

Bringing people on full time. but the obama care law is inc t incentivitizing businesses not to hire people full time because of those new costs of that law. >> thats right. a lot of small business people arent hiring many people because of obama care, and, you know, they are really a major part of our economy. they fuel the economy. i think they have a large part in the economy. >> do you know what a 49er is? >> in san francisco i do. >> no, not a miner. 49ers are businesses that are capping wo...

Exact it will have on hiring and costs and until that gets sorted out, a lot of employers kind of capping their employment. and dont forget, the new law says once you hire the 50th worker, you have to provide new health care benefits. its a cap on employment, and the health care law is a bigger deterrent than even the sequester. one other challenge on this point. you look in the 1990s, remember when we had the peace dividend in the cluinton years and prett significant budget cuts, we had robust ...

Regulations which are expensive for small businesses. all of those regulations take effect. have you heard of the term 49er? those are folks -- what that means is firms are capping their employment at 49 workers. they are not hiring that 50th worker. the reason they are not because if they do, once they go over 50, all of those new regulations which make it expensive to run your business take effect. i cant tell i how many small business people i talk to say we are capping at 49. thats a big pro...

Where do the jobs come from? the small businessmen people who hire, 25, 30, 50 employees. these are the people who are frightened. they feel like they are under seen from higher taxes, higher fees. >> greta: some had to lay-off people and can still function so why hire the people. >> thats right. businesses have become leaner. thats why corporate profits are up in the last six months. they are not hiring more people. theyve become more profit age by downsizing. -- profitable by downsizing. fret ...

For months. where do the jobs come from? the small businessmen people who hire, 25, 30, 50 employees. these are the people who are frightened. they feel like they are under seen from higher taxes, higher fees. >> greta: some had to lay-off people and can still function so why hire the people. >> thats right. businesses have become leaner. thats why corporate profits are up in the last six months. they are not hiring more people. theyve become more profit age by downsizing. -- profitable by downs...