Comments by "looseycanon" (@looseycanon) on "If non-compete agreements aren't overreach, then how is banning them?" video.

  1. Non competes are not inherently bad. Problem is, the US has horrible legislation in this field. Where I live, you can have a noncompete aggreement as part of the job, so that you can't work in the same field and/or in the same role for a period of time. However, that comes witha B. That you are paid salary by that former employer, as if you were working for that employer and unless you breach it, you're fine, and the only way you breach it, is to breach it meaningfully (say you're an accountant and worked for accounting company, you can't go to another accounting company as an accountant, but can go work as accountant in a logistics company, or go work in a accounting company as an IT guy) and the only thing, that you can lose as a result of a breach, is the income, that you would have gained. That being said, even we don't see much in terms of income raises. Just before covid hit, we were running like a rocket ship, well beyond our long term economic capabilities. For literally decades, companies have been crying, how much we need more immigration and make the state smaller, because there are no people left in the market... And there probably really arent, given we're running around 3% unemployment long term and even covid didn't budge with it. After graduation, I couldn't find a job for two years and, after having a mental breakdown from my boss, another year. All the while employers were crying, how they can't find the people, promissing, how they'll teach everybody everything... while turning away first time job seekers... There is a video on youtube from 2017, it is in Czech by Český Rozhlas. Let me translate the headline, which I can assure you speaks of the content very descriptively and accurately. "Analyst: Companies offer minimum wage, and wonder about being ignored.". It is, as if companies didn't compete for the employees. If there is such a low unemployment, that company can't find an employee, it must take, who is available, pay them well and teach them on the job, everything that person needs. Yet that is universally not what we see.
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