Summary of Occupational Licensing and the American Worker

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

Occupational Licensing and the American Worker summary
Start getting smarter:
or see our plans

Rating

7 Overall

7 Importance

8 Innovation

7 Style


Recommendation

The US Bureau of Labor Statistics reports that almost 25% of employed Americans in 2015 required licenses to work in their chosen occupations, up from 5% in the 1950s. In this fresh look at the US labor market, economist Ryan Nunn reports on the scope and impacts of licensing, a requirement with both negative and positive implications for individuals and the overall economy. getAbstract suggests this instructive article to employers, employees, and those looking to understand how licensing shapes the US workplace and the economy.

In this summary, you will learn

  • Why licensing is necessary for some occupations,
  • How licensing shapes the labor market and
  • What licensing alternatives can make labor markets more efficient.
 

About the Author

Ryan Nunn is a policy director with the Hamilton Project at the Brookings Institution.

 

Summary

In the United States, workers need to hold a license to engage in many types of employment. Occupational licenses – which governments, usually at the state level, issue – confer “legal permission” to work in a particular field. Requirements for job licensing are rising in industries as disparate as ...

More on this topic

By the same author

Where Does All the Money Go
Where Does All the Money Go
8
Thirteen Facts about Wage Growth
Thirteen Facts about Wage Growth
8
Lessons from the Rise of Women’s Labor Force Participation in Japan
Lessons from the Rise of Women’s Labor Force Participation in Japan
8
If You Build It
If You Build It
8
Nine Facts about the Great Recession and Tools for Fighting the Next Downturn
Nine Facts about the Great Recession and Tools for Fighting the Next Downturn
8

Customers who read this summary also read

Dynamism in Retreat
Dynamism in Retreat
9
Dream Hoarders
Dream Hoarders
8
The Main Street Fund
The Main Street Fund
9
Towards a Reskilling Revolution
Towards a Reskilling Revolution
9
Contingent and Alternative Employment Arrangements
Contingent and Alternative Employment Arrangements
7
Global Labor Market Outlook 2018
Global Labor Market Outlook 2018
8

Related Channels

Comment on this summary