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Biden once again bungles a story about low-wage noncompete agreements

Biden once again bungles a story about low-wage noncompete agreements
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Biden Moves To Restrict Noncompete Agreements, Saying They re Bad For Workers

President Biden is making good on a campaign promise to curtail noncompete agreements. As part of a sweeping executive order, Biden is asking the Federal Trade Commission to ban or limit such agreements, which restrict where you can work after leaving a job. The move is part of a larger push from the administration to promote competition and remove barriers that stymie economic growth. The White House argues that noncompetes drive down wages by making it harder for workers to switch to better-paying jobs. Meanwhile, businesses who support the use of noncompete agreements say they are vital for protecting trade secrets and investments.

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