FTC Bans Noncompete Clauses That Restrict Job Switching
- The Federal Trade Commission has voted to ban noncompete agreements in a 3-2 decision, potentially impacting millions of US workers.
- The FTC argues that these agreements limit job mobility and hinder higher pay opportunities for workers.
- The ban, set to take effect in six months, does not apply to non-profit employees and excludes senior executives earning over $151,164 annually.
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Leaning Left18Leaning Right5Center51Last Updated12 days agoBias Distribution69% Center