Special Report on
AFL-CIO Housing Investment Trust
AFL-CIO Housing Investment Trust - Trends
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Since the recession began 30 months ago, more than half of all adults in the workforce—55 percent—say that they have either been unemployed, taken a pay cut, had their work hours reduced or have become involuntary part-time workers, according to a new survey by the Pew Research Center’s Social and Demographic Trends Project. The survey shows the impact of the recession goes far beyond the 9.5 percent of the workforce that is unemployed and the 16.5 percent underemployed. About a third of respondents—32 percent—said they have been unemployed for some period of time during the recession. The prolonged recession—the longest ...
For decades, residents of the Tremél/Lafitte and Tulane/Gravier communities in New Orleans watched economic development go on all around them, never touching or improving their poor, blighted communities. Now, through the efforts of the AFL-CIO and Catholic Charities, these two neighborhoods could become models of how to rebuild the Crescent City one year after Hurricane Katrina. Last week, New Orleans Mayor Ray Nagin announced that the AFL-CIO Investment Trust Corp. (ITC) and Providence Community Housing Inc .—the post-Katrina housing initiative organized by Catholic Charities of New ... Read More
SURVEY RESULTS FOR
AFL-CIO HOUSING INVESTMENT TRUST
Lowe's Home Improvement from failing to pay overtime wages to fraudulent marketing.
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