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News Articles: noncompete agreements

(Left) Kamala Harris attends a pro-union march in Los Angeles on October 2, 2019; (Right) Donald Trump visited a McDonald's restaurant in Feasterville-Trevose, Pa., on October 20, 2024.

Tagged as: 

  • Business

Here’s where Trump and Harris stand on 5 issues affecting workers

Vice President Kamala Harris and former President Donald Trump have both appealed to workers in this year's election. But the candidates’ stances on many issues affecting workers remain far apart.

November 01, 2024
|
By:
  • Andrea Hsu
"Noncompetes block workers from freely switching jobs, depriving them of higher wages and better working conditions, and depriving businesses of a talent pool that they need to build and expand," said FTC Chair Lina Khan when the noncompete ban was introduced.

Tagged as: 

  • Business

Federal judge throws out U.S. ban on noncompetes

A federal judge in Texas has struck down the government's ban on noncompetes. An estimated 30 million U.S. workers are subject to the employment agreements.

August 21, 2024
|
By:
  • Andrea Hsu
The U.S. Federal Trade Commission building is seen on September 19, 2006 in Washington, D.C.

Tagged as: 

  • Business

Federal judge partially blocks U.S. ban on noncompetes

A federal judge in Texas has partially blocked the government's ban on noncompetes. An estimated 30 million U.S. workers are subject to the employment agreements.

July 03, 2024
|
By:
  • Andrea Hsu

Tagged as: 

  • Economy

Hire Power (Update)

(Note: This episode originally ran in 2021.)

Millions of American workers in all sorts of industries have signed some form of noncompete agreement. Their pervasiveness has led to situations where workers looking to change jobs can be locked out of their fields.

On today's episode: how one man tried to end noncompete contracts in his home state of Hawaii. And we update that story with news of a recent ruling from the Federal Trade Commission that could ban most noncompete agreements nationwide.

This episode was hosted by Erika Beras and Amanda Aronczyk. The original piece was produced by Dave Blanchard, edited by Ebony Reed, and engineered by Isaac Rodrigues. The update was reported and produced by Willa Rubin. It was edited by Keith Romer, fact-checked by Sierra Juarez, and engineered by Josephine Nyounai.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in
Apple Podcasts or at plus.npr.org/planetmoney.

May 02, 2024
|
By:
  • Erika Beras,
  • Amanda Aronczyk,
  • and 4 more
Federal Trade Commission Chair Lina Khan has said noncompete agreements stop workers from switching jobs, even when they could earn more money or have better working conditions.

Tagged as: 

  • Business

U.S. bans noncompete agreements for nearly all jobs

The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from leaving their companies for competitors, or starting competing businesses of their own.

April 24, 2024
|
By:
  • Andrea Hsu
The U.S. Federal Trade Commission building in Washington, D.C.

Tagged as: 

  • Business

After 26,000 public comments, FTC to vote on rule banning noncompete agreements

The Federal Trade Commission will vote Tuesday on whether to issue a final rule banning noncompete agreements. The Biden administration has argued that noncompetes harm workers and stifle competition.

April 23, 2024
|
By:
  • Andrea Hsu
The FTC proposed a new rule banning noncompete agreements. Federal Trade Commission chair Lina M. Khan calls them exploitative and widespread.

Tagged as: 

  • Business

Millions of workers are subject to noncompete agreements. They could soon be banned

The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.

January 05, 2023
|
By:
  • Andrea Hsu

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