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People in half the country got unemployment checks 'unacceptably' slowly last summer, Fed report finds


Demonstrators rally near the Capitol Hill residence of Senate Majority Leader Mitch McConnell, R-Ky., to call for the extension of unemployment benefits on July 22. Tom Williams/CQ-Roll Call Inc via Getty Images
A new report from the Minneapolis Fed looks at how long it took states to put out unemployment.
In August 2020, only half of states were making over half of their payments promptly.
While the situation has improved somewhat, it shows continued strain on UI systems.
Throughout the pandemic, unemployment insurance and its pandemic-era expansions helped jobless workers pay their bills during a crisis – that is, if they received their funds in time. ....

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What Biden's executive order on non-compete agreements means for tech workers


Print
The rest of the country might finally be catching up to California when it comes to workers’ right to hop between jobs.
The Biden administration asked the Federal Trade Commission to ban or limit noncompete agreements nationwide as part of a broad executive order Friday. These agreements, which typically prevent workers from quitting their jobs and going to work for a competitor of their current employer, are already unenforceable in California. The administration argues that they serve to keep wages down and disempower employees from demanding better working conditions.
This executive order comes as noncompetes are on the rise across the country, with anywhere between 27% and 46% of all private-sector workers subject to the agreements, according to a 2019 survey by the Economic Policy Institute. Though broadly intended to discourage employees from taking trade secrets along with them when they switch jobs, noncompete clauses are increasingly worked into jobs a ....

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