Industry NewsMarkets & Economy

Labor group fumes over home builder ‘bailout’

LIUNA has interest in pension funds, recruitment
Published on Apr 10, 2008

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The Laborers' International Union of North America, a union of mostly commercial construction workers that claims about 500,000 members in the United States and Canada, has been anything but quiet about the U.S. housing market downturn that has devastated the residential building industry.

LIUNA is kicking some major home builders when they are down -- the group has openly attacked management practices, including executive compensation, and has released a report that details the contributions of the corporate home building industry to the nation's mortgage crisis.