Monday, October 26, 2009

Health care costs stymie hiring -- Page 1 -- Times Union - Albany NY:2820:

Health care costs stymie hiring -- Page 1 -- Times Union - Albany NY:2820:

So far, it has been a jobless recovery, with employers hesitant to hire until they're sure the expansion will last.



And they have an additional hurdle to face: rapidly rising health care costs that make it even more expensive to add workers.

"Rising health care costs are going to put the brake on job creation, which in turn puts the brakes on economic recovery," said Kenneth Adams, president and CEO of The Business Council of New York State.

"For the past 20 years, our members have identified health insurance as their number-one concern," said Mike Elmendorf, state director of the National Federation of Independent Business in Albany.

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