Catherwood LibraryILR School

Led by president Richard Trumka, national labor union AFL-CIO has proposed a jobs plan vastly different from the bill put forth by Obama and the Senate. The plan would be significantly more costly for tax-payers, but also looks to garner greater profits through taxes and securities transaction for the creation of jobs. Although many labor leaders endorse the plan, businesses are resistant to the idea of taxation for job creation. There is a meeting of the labor federation scheduled for the coming week, and a push for new job-creation legislation is likely to come from the meeting. The meeting is not likely to be entirely cordial, as labor becomes increasingly frustrated with the broken promises of Obama and the liberal legislators they helped put into office. The union conference is expected to focus on the job-creation issue above and separate from the election issue, which many harbor resentment towards, feeling as though they helped the Democrats win before, only to be let down.