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The Obamacare Effect on Employment

Created on July 19, 2011

The Obamacare Effect on Employment

Between the recession’s low point in January 2009 and April 2010, net private sector job creation improved by 67,600 jobs a month. President Obama signed his health care legislation into law on March 23, 2010. After April 2010, the improvement in net private sector job creation stalled, dropping to just 6,500 jobs a month.

 

AFTER APRIL 2010

+6,500 jobs/month

BEFORE APRIL 2010

+67,600 jobs/month

Trend

Net Change in Private Sector Jobs

 

2011

2010

2009

Source: Heritage Foundation calculations using data from the U.S. Department of Labor, Bureau of Labor Statistics, Establishment Survey/Haver Analytics.

 

Chart 1 •  WM 3316

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