The Daily Money: A Labor Day strike
Good morning! This is Daniel de Visé bringing you your Daily Money report.
During the Labor Day weekend, thousands of hotel employees protested, chanting demands like “make them pay.” This strike resulted from unsuccessful contract discussions between the UNITE HERE labor union and major hotel chains, as reported by Eve Chen. The strikes were expected to conclude on Tuesday.
Approximately 15,000 employees, including front desk agents and laundry workers, are asking for better wages, improved workloads, and a return to the staffing levels that existed before the pandemic at various Hilton, Hyatt, Marriott, and Omni hotels.
Many of these workers expressed that they can no longer afford to live in the cities where they provide service, contrary to claims made by the hotels.
Future labor strikes may still be on the horizon.
Top Retirement Locations
According to rankings released on Tuesday by WalletHub, Florida, Minnesota, and Ohio ranked as the top states for retirement in 2024, as reported by Natalie Neysa Alund.
The evaluation included 182 cities across the U.S., with Orlando earning the title of the best city for retirement. Additionally, three other cities in Florida—Fort Lauderdale, Tampa, and Miami—also featured in the top 10.
What is The Daily Money?
The Daily Money provides insightful consumer and financial news every weekday from YSL News, simplifying confusing topics, offering concise summaries, and explaining how various events, from Fed rate adjustments to bankruptcies, affect you.
Daniel de Visé covers personal finance for YSL News.