EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016
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__, CEA calculations (https://www.whitehouse.gov/blog/2016/06/17/new-data-show-
roughly-one-quarter-us-workers-hold-occupational-license).
John W. Budd, The Thought of Work, Cornell University Press, 2011.
Bureau of Labor Statistics, Civilian Unemployment Rate, 1948-2016.
__, “Employment Projections— 2014 - 24,” December 2015
(http://www.bls.gov/news.release/pdf/ecopro.pdf).
__, “Employment Projections: Employment by major industry sector,” December 2015
(http://www.bls.gov/emp/ep_table_201.htm).
Center on Budget and Policy Priorities, “Funding Down, Tuition Up: State Cuts to Higher
Education Threaten Quality and Affordability at Public Colleges,” August 2016
(http://www.cbpp.org/research/state-budget-and-tax/funding-down-tuition-up).
Kerwin Kofi Charles, Erik Hurst, and Matthew J. Notowidigdo, “Housing Booms,
Manufacturing Decline, and Labor Market Outcomes.” Working Paper, 2016
(http://faculty.wcas.northwestern.edu/noto/research/CHN_manuf_decline_housing_boom
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Ajay Chaudry, “The Case for Early Education in the Emerging Economy,” Roosevelt Institute-
The New American Economy’s Learning Series, August 2016, p. 3
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in-the-Emerging-Economy.pdf).
Council of Economic Advisers, “Labor Market Monopsony: Trends Consequences, and Policy
Responses,” 2016.
__, “The Economic Record of the Obama Administration: Reforming the Health Care
System,” December 2016
(https://www.whitehouse.gov/sites/default/files/page/files/20161213_cea_record_healh_c
are_reform.pdf).