Occupational Licensing as Politics and Economics

Persons working under occupational licenses represented 5% of the labor force in the year 1950, or approximately 3.1 million persons.  Today, occupational licensing represents nearly one-quarter of the employed labor market, or approximately 48 million persons.   What is the reason occupational licensing has grown so much, and will continue to grow more in the future?  Two reasons; … Continue reading Occupational Licensing as Politics and Economics