DETAILS GIVEN
No. 10 Scheme Operations OVER £4,000,000 IN WAGES The Unemployment Board announced yesterday that up to October 28 the total number of applications for the building subsidy received and examined was 11,521, leaving just over 200 applications still under action, further details being required. The total value of the work approved to that date was £4,899,510, and the value of works that have been declined, because they would have gone without subsidy, was £2BS,484, making the total value for all applications £5.187,994. If the estimate of the total labour content which is often used, namely, 87 per cent, direct and indirect labour, is taken, this means that these jobs represent over £4,000,000 in wages. The apparent increase in the unemployment figures, it was stated, was partly due to the fact that the figures under No. 10 schemes were Included, while the position was that a very large number of the men ehgaged under the scheme were really not unemployed when they went to it, merely exchanging one job for another, having been chosen for jobs under the No. 10 scheme because of employers’ experience of them as tradesmen.
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https://paperspast.natlib.govt.nz/newspapers/DOM19331101.2.51
Bibliographic details
Dominion, Volume 27, Issue 32, 1 November 1933, Page 8
Word Count
190DETAILS GIVEN Dominion, Volume 27, Issue 32, 1 November 1933, Page 8
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