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Modest drop in full-time work seen from health law

By The Associated Press
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WASHINGTON (AP) — Congressional budget experts say President Barack Obama’s health care law will affect both the supply and the demand for labor, leading to a net reduction of about 2.5 million full-time jobs in 2024, ten years from now.

Tuesday’s projection from the Congressional Budget Office is a significant increase from what the same nonpartisan analysts said in 2010, which roughly translated to 650,000 fewer jobs.

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