"NY State Passes Bill Banning Non-Compete Contracts, Potentially Impacting National Policy"

New York lawmakers have passed a bill that would ban employee noncompete agreements, which are compulsory for all employees in an estimated 23% of workplaces statewide. The bill, if signed into law by Gov. Hochul, could mark a major labor victory in New York and could also ripple across the U.S. Employment lawyers said that it would amount to a national labor earthquake. About 30 million American workers are restricted by noncompetes, according to the Federal Trade Commission.