New York’s governor vetoed a bill days before Christmas that would have banned noncompete agreements, which restrict workers’ ability to leave their job for a role with a rival business.
Gov. Kathy Hochul, who said she tried to work with the Legislature on a “reasonable compromise” this year, called the bill “a one-size-fits-all-approach” for New York companies legitimately trying to retain top talent.
“I continue to recognize the urgent need to restrict non-compete agreements for middle-class and low-wage workers, and am open to future legislation that achieves the right balance,” she wrote in a veto letter released Saturday.
The veto is a blow to labor groups, who have long argued that the agreements hurt workers and stifle economic growth. The Federal Trade Commission had also sent a letter to Hochul in November, urging her to sign the bill and saying that the agreements can harm innovation and prevent new businesses from forming in the state.
They were pointing out that these companies depress wages by claiming that these are non-skilled jobs that anybody of the street can do while simultaneously using non-compete clauses in order to prevent their current employees from leaving as if they were irreplaceable. Obviously both can’t be true.
The real pedantry here is continuously arguing that these are low skilled employees while missing the greater point of the argument.
Obviously both can’t be true.
Except I made an argument as to why this might not be true, in this chain. And you’re just going to ignore it now? Obviously you went back to be pedantic, so just pretending I didn’t make the argument, while hilariously accusing me of “missing the point” is pretty disingenuous.
