WASHINGTON, D.C. | March 19, 2013 -
Dear Acting-Secretary Harris:
We are concerned by employer comments recently summarized by the Federal Reserve regarding the potential impact of the Patient Protection and Affordable Care Act (PPACA) on hiring. On March 6, 2013 the Federal Reserve published its Summary of COmmentary on Current Economic Conditions (also referred to as the "Beige Book") for February 2013, which stated "Employers in several [Federal Reserve] Districts cited the unknown effects of [PPACA] as reasons for planned layoffs and reluctance to hire more staff." In light of these comments, we are requesting information from the U.S. Department of Labor (DOL) about the effects of PPACA on the American economy and workforce.
To read the full letter, click here
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