Current Unemployment Rate and Obamacare (ACA), UAK Diversified Market Insight Jan, 2019

UAK Diversified explains why the current unemployment rate is misleading thanks to Obamacare (Affordable Care Act). Massive amounts of the employees left the workforce as they became recipients of Medicaid. Those workers are generally low income earning and unhealthy segments of the population. For them, Medicaid expansion is a good motivation to stop working and leave the labor force permanently. As a result, the current unemployment rate is very distorted, because there are smaller amounts of workers available to fill the open positions.