Don’t like your job? Quit for a rival firm
Lina Khan hopes to free the American worker
A fifth of American workers have a non-compete clause in their contract, barring them from leaving to join a rival. Owing to a new rule issued by the Federal Trade Commission on April 23rd, these clauses may soon be voided. Advocates hope this will inject dynamism into the American economy and lead to stronger wages; critics warn it will stifle investment.
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This article appeared in the Finance & economics section of the print edition under the headline “Hop to it”
Finance & economics April 27th 2024
From the April 27th 2024 edition
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