The Federal Trade Commission will co-host a Twitter chat with the office of Nebraska Gov. Pete Ricketts at 3 p.m. ET today on the FTC’s new Economic Liberty Task Force, the first major policy initiative of Acting FTC Chairman Maureen K. Ohlhausen.
The chat will address regulatory hurdles to job growth, including the growth of state licensing requirements for a variety of occupations. Nearly 30 percent of American jobs require a government license today, up from less than five percent in the 1950s, resulting in 2.5 million fewer jobs and higher costs to consumers. For some professions, occupational licensing is necessary to protect public health and safety. But in many situations, the expansion of occupational licensing threatens economic liberty and blocks job opportunities without benefiting consumers.
| WHAT: | The Federal Trade Commission will co-host a Twitter chat on FTC’s Economic Liberty Task Force. |
| WHEN: | Today, March 23, 2017 at 3 p.m. ET. |
| PARTICIPATING: | Follow @FTC, @MOhlhausenFTC, @NEgovoffice. Join the conversation at #EconLibertyFTC. |
The Federal Trade Commission develops policy initiatives on issues that affect competition, consumers, and the U.S. economy. Like the FTC on Facebook, follow us on Twitter, read our blogs, and subscribe to press releases for the latest FTC news and resources.
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