Occupational licenses are “one of the most substantial barriers to opportunity in America today,” a new study by the Wisconsin Institute for Law & Liberty (WILL) found. According to WILL’s estimates, licensing laws raise prices for consumers by $1.93 billion each year and results in roughly 31,000 fewer jobs. Over the past two decades, the number of license holders has jumped by 34 percent in Wisconsin. Meanwhile, the number of occupational licensing categories has soared by 84 percent.
“While some credentialing serves to protect public health and safety,” report authors Collin Roth and Elena Ramlow note, “much is rank protectionism – a device to ‘fence in’ those who already have permission to work and ‘fence out’ those who do not.”