19 Search Results for "recession"

Hotel companies expand during recession, look to future

Taking advantage of the struggling real estate and hotel markets, stable hotel chains are buying up distressed properties across the country.

Signs of recovery in the hotel industry

According to these articles from Reuters and Hospitality Hotel and Travel News, at the New York University Hospitality Conference on June 8, 2010, hotel industry experts reported that the hospitality industry is recovering from the recession more quickly than expected, particularly in New York City.

U.S. working class hit hardest by falling wages, unemployment

Recent articles in the Wall Street Journal and the New York Times discuss the falling wages and increasing unemployment that continue to plague the American workforce even as some sections of the economy and other nations' economies recover from the recent recession. àWorkers are still suffering from the economic implosion despite the fact that corporate profits "have more than recovered, rising 12% since late 2007." The main cause of this "jobless recovery" is the basic structure of the American economy ââ¬â one where employers function with few restraints. à

Tavern on the Green files for bankruptcy, assures union it will pay debt

Tavern on the Green filed for bankruptcy protection under Chapter 11 on September 9, just two weeks after losing the restaurant's operating lease to Dean Poll, operator of the Central Park Boathouse restaurant.

1,000 NYC retail workers win first union contract

The Retail, Wholesale, and Department Store Union Local 1102 successfully negotiated a first contract for 1,000 workers at H&M clothing stores in New York City.

Sec. of Labor Hilda R. Solis is first Hispanic woman to serve in cabinet

President Barack Obama's appointment of Hilda R. Solis to Secretary of Labor makes her the first Hispanic woman to serve in the cabinet.

Boston Hyatt fires 100 housekeepers; Governor calls for boycott

Hyatt Hotel Corporation fired 100 non-union housekeepers at three Boston-area hotels and subcontracted their jobs to workers from a Georgia-based staffing agency.

Paladino’s “Dignity Corps” would increase government spending, not reform welfare

An article in the Buffalo News probed the potential ramifications of Carl Paladino's proposal to make New York's public assistance recipients, as well as its long-term unemployed, work for their benefits, which the former are already required to do by the federal welfare reform law of 1996, a significant piece of legislation Paladino seems to be unaware of. The primary difference between his proposal and what is already in effect is that Paladino would like to force the long-term unemployed to work for their benefits, like welfare recipients do.

Let’s Look at the Issues

Many years ago that wonderful blues artist Billie Holiday sang the words, “Them that’s got shall get, them that’s not shall lose, so the Bible says and it still is news.” Well, 70 years later it really is still news. The latest U.S. Census report has confirmed that the rich in the U.S. are getting richer and the poor are getting poorer. Making matters worse, the report also reveals that it isn’t just the poor who are getting poorer, the middle class is getting poorer, too. The number of people in the middle class is declining and the amount of money earned by members of the middle class is waning as well.

For immediate release: Rallies begin today in front of Hilton hotels in San Juan

Hundreds of hotel workers of the Caribe Hilton, Condado Plaza and the El San Juan hotels will be holding a series of protests and marches December 17, 18 and 19.