Workers who are relocating and expansion-minded businesses stand to score a major win under a new executive order targeting onerous occupational licensing requirements.
President Joe Biden’s order, signed Friday, calls on the Federal Trade Commission to boost labor market competition by writing new rules that limit “unnecessary, cumbersome” licensing requirements, often imposed by states’ regulatory boards and quasi-public organizations.
“Some overly restrictive occupational licensing requirements can impede workers’ ability to find jobs and to move between states,” according to the order.
The order comes amid a flurry of lawsuits against state or state-backed licensing bodies that accuse them of ...