I am actually starting to think the goal was to get most companies to decrease weekly hours for their employees to 29 hours.
Remember the 40 hour work week was created during the great depression to decrease the unemployment rate (everyone works fewer hours, enabling others to work those needed hours). This is a backdoor way of achieving a 29 hour work week, and making the companies look like the bad guys in the process.
I can hear it from the left now...
“Isn’t it great that people won’t have to work more than 29 hours a week?”
It's also a way for Obama to claim he created jobs.
The feds consider a person employed even if he or she only works one hour a week.
If a company takes one full time job and alters schedules so it becomes two part time jobs that will increase federal employment numbers by one and will remove one person from the unemployment numbers.
Obama’ Job Sharing Plan