Written by Anuradha Dhar
At the end of June, the U.S. Bureau of Labor Statistics (BLS) at the Department of Labor released a report on 2018 data from the Current Population Survey (CPS) on the role of professional certifications and occupational licenses in the U.S. labor market. Their most recent annual data was released in January 2019.
This data, produced since 2015, is the first to provide such comprehensive insights into the prevalence of certifications and licenses and related earnings. The Labor Market Information (LMI) Institute has been working with this data since 2015 to produce the State Certification and License Database, found here.
Certifications and licenses are credentials that demonstrate an individual’s competency related to a skill or knowledge used in performing specific jobs. Licenses are issued by a federal, state or local government agency; certifications are issued by nongovernmental certification bodies.