The FTC is introducing a new rule which could end non-compete agreements for millions of workers. The proposed rule would void non-compete clauses in existing contracts and ban their use in future contracts. The agency says the move would affect 30 million Americans or roughly one out of five workers here in the United States. Supporters say the rule would boost wages and promote competition by allowing workers to move more freely between jobs.
Tipping expectations have increased. A 2023 survey revealed that approximately 72% feel they are now asked to tip service workers more often than before.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
