New York governor Kathy Hochul vetoes ban on noncompete clauses
Workers living in New York who plan to change jobs didn't plan on Kathy Hochul. The state's Democrat-controlled legislature passed a ban on noncompete clauses in employment contracts, but its Wall Street-controlled governor vetoed it.
Noncompete agreements have proliferated throughout the economy in recent years: Between 18 percent to 45 percent of workers in the private sector may be bound by them, according to surveys.
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