South By North Strategies, Ltd.

The Economic Policy Institute notes how arguments claiming that regulation causes job losses are overblown.

Given today’s extraordinarily weak labor market, it is imperative that assessments of government policies consider effects on the economy and employment levels. At the same time, however, this concern should not lead to unwarranted efforts to weaken government regulators and regulations.
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The lessons of the Great Recession and of decades of government regulation point in the opposite direction. An emphasis on deregulation can contribute to enormous economic dislocation, and this review of the studies of regulations in place finds little evidence of significant negative effects on employment. Overall, the picture that emerges from this review is a positive one. For decades, regulations have generally and consistently struck a reasonable balance, with their benefits to health, safety, and well-being far exceeding their costs.