The Daily
Wednesday, May 31, 2017
May 31, 2017
Conor Dougherty and Peter Baker discuss the rise of noncompete clauses in American workforce. They explore its impact on competition and debate the ethical implications. The podcast also covers the White House's plan to regain control amidst ongoing investigations and the successful interception of a mock missile by the US military.
16:51
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Quick takeaways
- Non-compete clauses are increasingly being used in the American economy, limiting job opportunities for individuals and raising concerns about stifling competition.
- Jared Kushner's alleged establishment of back-channel communications with Russia raises questions about his involvement and the exclusion of key officials, drawing attention from investigators.
Deep dives
Non-compete clauses and their impact on workers
Non-compete clauses, which prevent employees from working for a competitor, are increasingly being used in the American economy. About one in five people are covered by these clauses, which can have detrimental effects on workers. Keith Bollinger's case serves as an example of the damaging consequences of non-compete agreements. After violating his non-compete clause, he lost his job, faced a lengthy legal battle, and experienced significant financial hardship. The use of non-compete clauses is expanding beyond executives and is now being enforced for workers in various industries. This trend raises concerns about stifling competition and limiting job opportunities for individuals.
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