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Darwyyn Deyo - How Does Occupational Licensing Increase Barriers for Workers?

The Curious Task

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The Cost and Benefits of Occupational Licensing

In the United States, about 22% of workers need a license to do their job. The reduction to labor supply is estimated at 17 to 27%. You can also think about higher wages for people who do have the license. And so these are all the kind of negative effects that we would see from the higher costs of licensing.

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