- cross-posted to:
- news@lemmy.world
- workreform@lemmy.world
- cross-posted to:
- news@lemmy.world
- workreform@lemmy.world
The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own.
Is this as big as it sounds? It sounds big.
18% of all working people in the US are under non-competes. This is a huge deal.
I honestly assumed the number/percentage was higher
Yes, this is a big fucking deal.
If you were as confused by this as I was:
Shortly after the vote, the U.S. Chamber of Commerce said it would sue the FTC to block the rule
The US Chamber of Commerce is a right-wing lobbying group for businesses, unrelated to the US Department of Commerce which is an actual government agency.
https://en.m.wikipedia.org/wiki/United_States_Chamber_of_Commerce
Good news.
Vote went along party lines.
But MuH bOTh SiDeS, right guys?