Two analysts today gave the Joint Economic Committee conflicting accounts of how the U.S. job market is really doing now that major Patient Protection and Affordable Care Act (PPACA) insurance programs and insurance rules have come to life.
One witness, Paul Van de Water, a witness from the Center on Budget and Policy Priorities, a research center popular with Democrats, testified at a committee hearing on PPACA’s effects on employment that the job market looks good because it is good.
“Health reform has not been a ‘job killer,’” Van de Water testified. “The economy has experienced the longest stretch of job growth on record.”
Unemployment has fallen since President Obama signed PPACA into law, in March 2010, and the percentage of all workers who are involuntarily working part-time has also fallen sharply since 2010, Van de Water said.
PPACA could eventually improve the job market in some ways by, for example, improving workers’ health, and by giving people more flexibility to change jobs and start new businesses, Van de Water said.
See also: Dire PPACA predictions: A look back
Separately, Fredric Blavin and other analysts affiliated with the Urban Institute today published a paper supporting the idea that the group insurance market has remained stable from June 2013 through March 2015. Those analysts say there is no evidence that PPACA has hurt low-income workers’ access to group health benefits or group health take-up rates.