Earlier this month, the AFL-CIO Housing Investment Trust (HIT) was joined by U.A. Local 412 in hosting the New Mexico Development Community Roundtable to explore housing investment opportunities in the state while expanding union career opportunities.

Treasury Secretary Janet Yellen said that labor unions serve as a pillar of the U.S. middle class and argued for making it easier for employees to bargain collectively to improve their pay and working conditions.

CalPERS is looking at adopting a labor practices policy aiming to encourage money managers, including private equity general partners, to push their companies to eliminate egregious labor practices, such as employing child labor, undermining their workers’ collective bargaining rights and failing to provide a safe and healthy workplace.