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Treasury report questions how free the labor market is

The New York Times 03/08/2022

A lack of competition in the job market means that American workers earn 15 to 25 percent of what they could make in a more open environment, according to a report released earlier this week by the Treasury Department. The report finds that employers use a variety of practices to limit workers’ options when it comes to trading jobs, including noncompete and nondisclosure agreements, as well as no poaching deals.

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