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Most non-compete agreements may be outlawed under new FTC ruling. : Planet Money : NPR

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Most non-compete agreements may be outlawed under new FTC ruling. : Planet Money : NPR

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(Outdoors Australia) Reading the fine print of a contract/agreement with a magnifying glass. ASX Share Market Review, 7 December 2001. SMH Photo by MARINA OLIPHANT (Photo by Fairfax Media via Getty Images/Fairfax Media via Getty Images)

Marina Oliphant/Getty Images

(Outdoors Australia) Reading the fine print of a contract/agreement with a magnifying glass. ASX Share Market Review, 7 December 2001. SMH Photo by MARINA OLIPHANT (Photo by Fairfax Media via Getty Images/Fairfax Media via Getty Images)

Marina Oliphant/Getty Images

(Note: This episode was originally published on 2021.

Millions of American workers in every industry have signed some form of non-compete agreement, and the prevalence of such agreements means that workers may be excluded from their own industries when they seek to change jobs.

Today’s show tells the story of one man’s attempt to end a non-compete contract in his hometown of Hawaii. We updated that story with coverage of a recent Federal Trade Commission ruling that could ban most non-compete agreements nationwide.

This episode is hosted by Erika Beras and Amanda Aronczyk. Original production by Dave Blanchard, editing by Ebony Reed, and design by Isaac Rodrigues. Updates reported and produced by Willa Rubin. Editing by Keith Romer, fact-checking by Sierra Juarez, and design by Josephine Nyounai.

Subscribe to Planet Money+ to help support Planet Money and get bonus episodes In Apple Podcasts or plus.npr.org/planetmoney.

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Music: Universal Music Productions – New Pulse, Tiddly Winks and Guam Beat

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