The best thing we can do is to allow the labor market to be more dynamic. This means reducing barriers to entry, including licensing, employer-mandated benefits

The best thing we can do is to allow the labor market to be more dynamic. This means reducing barriers to entry, including licensing, employer-mandated benefits, minimum wage, etc. Placing minimum employee costs upon an employer or minimum qualifications upon an employee both have the same effect: reducing the ability of entry-level employees to get work. Either the jobs don't exist due to minimum costs, or the labor that qualifies demands too high a wage. A highly-restricted labor market doesn't make any sense in an ever-changing global economy.