The Resolution Foundation, which estimates that 6 million people will be affected, adding £760 annually to pre-tax wages, said employers were more reluctant to slow pay growth, reduce workers' hours or switch to cheaper workers under 25 years old.
The local currency, the krona, was 65 to the dollar a year ago; now it is 130. Companies are slashing salaries, reducing workers' hours and, in some instances, embarking on mass layoffs.
Germans used "work sharing" to great effect, spreading the loss of growth and demand around by reducing workers hours, compensating them for some of their lost earnings, and keeping them on the job.
And the incentive to reduce workers' hours may someday be found in the data, though according to the administration, fewer than 1 percent of employees have weekly hours slightly above the 30-hour cutoff, are employed by businesses affected by the employer mandate and do not already have health insurance.
The biggest concern from the worker is the possibility that the farmers may reduce workers' hours to avoid paying overtime.
Last week, Papa John's CEO, John Schnatter, said he'd likely reduce workers' hours as a result of President Barack Obama's reelection.
Papa John's CEO John Schnatter said he likely would reduce workers' hours or boost the price of his pizzas to cover the cost of Obamacare to his business.
Under such a program, firms can reduce workers' hours instead of laying them off, and workers can keep their jobs while collecting unemployment checks proportionate to the hours they've lost.
Darden Restaurants, the owner of Red Lobster and the Olive Garden, recently backed off a test plan aimed at limiting health care costs by reducing workers' hours because of subsequent backlash.
