WANT MORE JOBS? FIGHT OCCUPATIONAL LICENSING!
GETTING A COSMETOLOGY license in Oregon requires 2,300 hours of classroom instruction, but getting a similar permit in New York requires a mere 1,000 hours of training. Are makeup artists in the Empire State putting the safety and welfare of their customers at risk, or would hairstylists in Portland probably be just fine if they could get certified without spending so much time and money on schooling?
A new report from the Wisconsin Institute for Law and Liberty, a Madison-based free market think tank, says it's the latter--and that many states could gain a lot from loosening licensing laws so they match the less restrictive rules in other places. Researchers looked at 10 low- and moderate-income occupations subject to licensing requirements and estimated that reducing barriers to entry would boost U.S. employment in those professions by 4.5 percent, on average.
"This new study provides critical evidence that when states enact burdensome occupational licensing laws, it serves to hurt employment," says Collin Roth, a research fellow at the institute. "Policy makers must now consider if the current protections that licensing provides are worth the price in lower employment."
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|Article Type:||Brief article|
|Date:||Dec 24, 2017|
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