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Globaltrading Podcast: Field Testing Modifications In Market Microstructure
Today, almost30% of jobs within the United States require a license, up from lower than 5% within the Fifties.Fewer than 5%of occupations that require licensing in a minimum of one state are handled persistently throughout all 50 states. That locks some folks out of jobs, and it makes it more durable for folks to maneuver between states—particularly burdening military spouses,34%of whom work in a subject requiring a license and are subject to military-directed moves every few years. Competition in labor markets can empower staff to demand higher wages and greater dignity and respect in the workplace. One method corporations stifle competition is with non-compete clauses. Roughlyhalfof private-sector companies require at least some workers to enter non-compete agreements, affecting some36 to 60 millionworkers. Inover 75%of U.S. industries, a smaller variety of large companies now management extra of the enterprise than they did twenty years in the past.
