New study: universal licensing leads to increased employment and mobility
A new study from the Knee Center for the Study of Occupational Regulation finds that "After adoption of universal recognition, the employment ratio among licensed individuals increased by nearly a full percentage point. This effect was driven by more people entering the workforce and by a decline in unemployment among those already participating in the labor market." They also find that "migration into states with universal recognition increased by 0.77 percentage points. This is evidence that universal recognition lowers the costs of moving by allowing individuals to maintain their careers without the substantial time and money costs of getting a completely new license."