The ripples of Obamacare is now being felt from the The Federal Reserve Bank of New York which found out today that found that 17 percent of service sector firms and 21 percent of manufacturers are reducing the number of workers they employ due to the once praised “Obamacare”.

The New York Federal Reserve produces the highly informative monthly “Empire State Manufacturing Survey/Business Leaders Survey.” But due to employer concerns about exploding health insurance costs, the NY Fed conducted a “Supplemental Survey Report” to determine the impact of Obamacare on employment trends. CONTINUE