Southern Home Medical Inc (SHOM)

[malt66]

Hmmm...interesting

Staffing Companies are Prime Beneficiaries of Obamacare’s Job Outsourcing

None of this is good news for the overall U.S. economy, but one industry sector that is primed to benefit from Obamacare’s outsourcing of jobs is the $97.1 billion U.S. staffing industry ($87.4 billion temporary workers, $9.7 billion permanent placement, according to the American Staffing Association). If an employer doesn’t want to pay health insurance for unskilled workers, all he has to do is hire temporary and part-time workers from a staffing company. True, staffing companies face some record-keeping problems (pp. 11-12) of their own under Obamacare, but I believe the increase in business from Obamacare-avoiding employers more than outweighs this increased administrative cost, which can be minimized by reducing the permanent-placement aspect (a small part of the staffing business in any event).

Furthermore, there are demographic forces at work (e.g., the aging of America) outside of Obamacare that promise to grow staffing needs for years to come.