Still Forbidden to Succeed: The Negative Effects of Occupational Licensing on Ohio’s Workforce

Still Forbidden to Succeed: The Negative Effects of Occupational Licensing on Ohio’s Workforce

Building upon our earlier research, we have applied a macroeconomic dynamic scoring model developed by economists at The Buckeye Institute’s Economic Research Center to data collected by the U.S. Bureau of Labor Statistics, and have discovered that Ohio’s licensing requirements have prevented more than 7,000 people between the ages of 25-45 from pursuing licensed occupations in the state. Our dynamic model demonstrates the disproportionate burden that licensing requirements impose on some job seekers, reveals that high licensing costs keep workers from good paying professions, and suggests that without such costs more workers would find employment.

Orphe Pierre Divounguy, Bryce Hill, and Greg R. Lawson

The Buckeye Institute

December 18, 2017

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By |2018-01-01T00:00:00-08:00January 1st, 2018|Efficiency/Growth, Inequality, Occupational Licensing, Reference|