70 Search Results for "economy"
Meet the Candidates for New York City Mayor
In November 2021, New Yorkers will elect the next mayor of New York City. Not only will the next mayor have the power to enforce the legislation that our Union has fought tirelessly to get passed over the last decade, but they will also oversee the reopening of our local economy after this global crisis.
NYC tourism reaches new high in 2010
According to reports in the New York Times, Crain's New York, and NYC.gov, a record 48.7 million people visited New York City this past year, with the result that 2010 was also a record-breaking year for the number of hotel rooms sold. The continued flow of tourists into the city boosted the state's economy by $31 billion and also increased the number of those employed in the hospitality industry to its largest number ever.
How are you going to pay for your kids’ college tuition? The union can help!
As we noted two weeks ago when we told you about beneficial changes in 529 plans to help you save money for your children's college education, the two biggest areas of the economy that have outpaced the rate of inflation in recent years are the cost of medical care and college tuition.
THE AMERICAN RESCUE PLAN!
The American Rescue Plan is more than a relief bill. It is a comprehensive plan to rebuild our economy and it is the largest investment by the federal government in working people in our nation’s history. In short, it is the lifeline we desperately needed. To read about the highlights of this historic $1.9 trillion plan, click here.
S.E.C. enacts toothless “cosmetic” rules on executive pay
The near collapse of the U.S. economy badly hurt workers and their families. During and throughout this period, Wall Street executives and their counterparts at big banks continued to receive compensation so large that "ordinary people" can only shake their heads in disbelief and disgust. According to an article in the New York Times, stockholders must now be permitted to vote on the compensation of executives at publicly traded companies at least once every three years.
HTC Members Rally for NYC Mayoral Candidate Eric Adams!
On Saturday, April 24th dozens of HTC members and their families came out to support Brooklyn Borough President Eric Adams in Cadman Plaza Park, Brooklyn.
Our Union endorsed Eric Adams for NYC Mayor earlier this year. During the event’s opening remarks, HTC President Rich Maroko explained why, “Eric Adams will lead us out of this crisis and rebuild the city’s economy for working class people. Our Union is proud to support a champion of the working class.” Read more...
Our 2021 Election Work is Not Over Yet
On November 2nd, both New York City and New Jersey are holding local elections. Not only will the officials elected this fall oversee the recovery of our region’s economy, but they will be important allies to us as employers try to exploit this crisis to eliminate hotel jobs. The leaders we elect will also, critically, be in office when the GRIWA contract expires (in 2023) and most likely when the IWA (2026) and Division A (2027) contracts expire. Read more...
President-Elect Biden: “the government should encourage the formation of unions”
On January 8, 2021 President-elect Joe Biden announced the nominations for the key members of his economic team, including leadership at the United States Department of Labor. The President-elect committed that under the Biden-Harris administration, our government will not only protect the rights of workers to organize, but actually encourage the formation of unions in an effort to help our economy recover and rebuild our nation’s middle class. Read more...
How Senator Chuck Schumer Saved Our Health Centers
The American Rescue Plan was the first major test for New York Senator Chuck Schumer in his new role as Senate Majority Leader and not only did he manage to deliver the most comprehensive recovery package in the history of our nation – he did it against all odds. The result is a bill that will fund a national vaccination effort, salvage our battered economy, and most importantly, will provide enormous benefits to millions of Americans who lost their jobs and health insurance because of the economic devastation wrought by the COVID-19 pandemic. Read more....
More new hotel rooms coming to Midtown
A new 48-story skyscraper under construction in midtown Manhattan plans to house both a hotel and condominiums.
