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Washington Takes Aim At Those Hated Non-Compete Agreements

Washington Takes Aim At Those Hated Non-Compete Agreements

FromBig Take


Washington Takes Aim At Those Hated Non-Compete Agreements

FromBig Take

ratings:
Length:
29 minutes
Released:
Mar 21, 2023
Format:
Podcast episode

Description

The US Federal Trade Commission is weighing restrictions on many non-compete agreements in employment contracts. These clauses dissuade workers from switching jobs and impact roughly one in five Americans—including physicians, hair stylists, even fast food workers.
Bloomberg reporter Leah Nylen joins this episode to explain the FTC’s efforts to dial them back. And reporters Jo Constantz and Josh Eidelson, and White House editor Mario Parker, talk about how non-competes became a way for companies to freeze employees in place—and how the move to restrict them is part of a larger push by the Biden administration to bolster workers’ rights.
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Released:
Mar 21, 2023
Format:
Podcast episode

Titles in the series (100)

Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.