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Obamacare killing jobs in New York area, executives tell Federal Reserve survey

August 18, 2016

Via: CNBC
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Obamacare is killing jobs in and around the Big Apple, executives say.

About 20 percent of companies in the New York region say they are cutting their workforce in response to the Affordable Care Act, according to a new Federal Reserve Bank of New York survey.

And most companies said they will be paying more in insurance premiums, and requiring their workers to pay a bigger share of those premiums, as a result of Obamacare.

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