Another hidden problem with our economy is the large number of part-time workers who really want full-time employment but are not able to find it. This is the result of government regulations that act as incentives to employers to reduce their labor force. Many companies cut employees' hours to below 30 hours per week in order to avoid ObamaCare requirements. If we count those who are forced into part-time work, the UNemployment rate would be much, much higher. Economist John Williams says that, after the unseen out-of-work Americans and part-timers are counted, the true Unemployment rate in the United States is above 23%, and Obama must be held accountable for this tremendous lack of jobs. Much of this is due to Obama's regulations that act as incentives to employers to reduce the count of their labor force.
Listen to the radio commentary here: