Affordable Care Act and Temporary Employment
The temporary and project-based contingent workforce is a critical component of the U.S. labor force, expanding more rapidly than ever. However, the Affordable Care Act (ACA) and its promise to offer access to more affordable health insurance may effectively remove a traditional barrier to choosing a temporary career path, drawing unprecedented numbers to the industry. According to the U.S. Census Bureau, 40 million Americans lack health insurance, often because they are part-time workers, unemployed, self-employed or full-time employees whose employers don’t provide coverage.
Groundbreaking research conducted by Harris Interactive on behalf of Randstad, uncovers evidence to support a greater number of these Americans opting for temporary employment as more options for healthcare coverage materialize. The result of which stands to dramatically alter the makeup of today’s U.S. workforce, and has several implications for those who employ them. A larger, more diverse group of contingent workers will begin to shape the workplace in dramatic ways.
Watch a video to learn more about trends in the contingent / temporary workforce.