New York’s governor vetoed a bill days before Christmas that would have banned noncompete agreements, which restrict workers’ ability to leave their job for a role with a rival business.

Gov. Kathy Hochul, who said she tried to work with the Legislature on a “reasonable compromise” this year, called the bill “a one-size-fits-all-approach” for New York companies legitimately trying to retain top talent.

“I continue to recognize the urgent need to restrict non-compete agreements for middle-class and low-wage workers, and am open to future legislation that achieves the right balance,” she wrote in a veto letter released Saturday.

The veto is a blow to labor groups, who have long argued that the agreements hurt workers and stifle economic growth. The Federal Trade Commission had also sent a letter to Hochul in November, urging her to sign the bill and saying that the agreements can harm innovation and prevent new businesses from forming in the state.

  • @dragonflyteaparty
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    1 year ago

    Why would you think they do from that comment chain? If the OP of the chain wants to say she’s getting paid off, they should have proof. As it is, the word likely is doing a hell of a lot of heavy lifting there while at the same time influencing people’s ideas on how our politicians vote. That has nothing to do whatsoever with your question which only serves to tell people if you want actual proof of bribery, then you must agree with not having the law that would have helped people.

    • @RubberElectrons
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      121 year ago

      Sorry, your comment has nothing to do with my question.

      Please improve your cogency. Thank you and goodbye.