Today, President Joe Biden will be signing an executive order to promote competition in labor markets. White House Press Secretary Psaki highlighted the campaign promise of the president to raise wages, pointing out that competition will “make it easier for workers to change jobs and to move between states.”
The press secretary stated, “Roughly half of private sector businesses require at least some employees to enter non-compete agreements, affecting over 30 million people. This affects construction workers, hotel workers, many blue-collar jobs, not just high-level executives. [The president] believes that if someone offers you a better job, you should be able to take it.”
Press Secretary Psaki continued, “In keeping with his campaign promise, the executive order will call on the FTC to adopt rules that curtail non-compete agreements. His executive order will also call on the Federal Trade Commission to adopt rules that ban unnecessary occupational licensing requirements.”
She concluded, “While occupational licensing can serve important health and safety concerns, unnecessary or overly burdensome licensing can lock people out of jobs. This hugely affects military families in particular, over one third of whom work in a field requiring a license and who are subject to military-directed moves every year.”
As the Lord Leads, Pray with Us…
- For the president as he signs the executive order encouraging labor market competition.
- For understanding for the president’s advisors as they offer recommendations on labor policy.
- For military spouses who are impacted by the different licensing requirements from state to state.
- For Americans who are seeking employment and the continued recovery of the U.S. economy.
