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NRF asks Super Committee to focus on economy & job creation

07 Sep '11
4 min read

Repeal or delay implementation of the Patient Protection and Affordable Care Act, particularly the employer mandate provision that requires most employers to provide government-mandated levels of health care coverage for their workers beginning in 2014. With businesses unable to raise prices to cover the increased payroll costs in the current economy, this requirement is already deterring job retention and growth and will force many companies to reduce the size of their workforces. The nation's anemic economy can ill afford an increase in the cost of employment and uncertainty surrounding future benefit and penalty obligations. Repeal or delay of the employer mandate would help encourage employment and thus boost the economy.

As the world's largest retail trade association and the voice of retail worldwide, NRF's global membership includes retailers of all sizes, formats and channels of distribution as well as chain restaurants and industry partners from the United States and more than 45 countries abroad. In the United States, NRF represents an industry that includes more than 3.6 million establishments and which directly and indirectly accounts for 42 million jobs – one in four U.S. jobs. The total U.S. GDP impact of retail is $2.5 trillion annually, and retail is a daily barometer of the health of the nation's economy.

National Retail Federation

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