U.S. employers may have held down wages from 2001 to 2003 to compensate for the increases in health coverage costs that took place during that period.[@@]
David Brauer, an economist at the Congressional Budget Office, presents that thought in a paper on U.S. employment during the 2001-2003 recovery.
The CBO, a congressional think tank, prepared the paper to analyze why employment continued to fall during the recovery period following the 2001 recession.
In most cases, Brauer writes, health coverage expenditures are the same for any permanent, full-time employee who works enough hours to qualify for coverage.