Regulation

The debate over the effect of regulatory changes on employment has intensified in the wake of the Great Recession and the still-high levels of unemployment that are its legacy. But assertions that government regulations are holding back the economy ignore the roots of our economy’s problems, namely the collapse of the housing and financial sectors and inadequate demand. EPI research debunks claims that regulations impede job creation, finding that they can create jobs and confer other critical benefits that outweigh costs. This work is critical to fighting attempts to roll back laws that protect the environment and guarantee worker protections.