Putting Numbers on Mortgage Job Cuts; Valuation Vendor News; The FTC and Non-Competes; Letter on Affordable Housing
Attorneys across the nation have taken note that the Federal Trade Commission has proposed a rule that would bar companies from requiring employees to sign a noncompete agreement, which limits workers' ability to leave for a rival or to strike out on their own in the same field. The FTC says barring noncompete agreements could raise pay by $300 billion annually. So the FTC wants to ban companies from telling their employees they can't work for competitors, and says it'll help workers make $300 billion more a year. From the East Coast, Brian B. points out that the FTC be...