WAGES, EMPLOYMENT AND PROFITS
Over 12,000,000 Out Of Work in America (Received May 19, 7.35 p.m.) New York, May 19. Tlie American Federation of Labour has Issued a report for the first quarter of 1936 showing that employment gained 2.4 per cent, and wages 4.8 per cent., while business profits rose by 36 per cent. The cost of living rose two per cent., so the actual wage gain was only 2.8 per cent. The report warns that the failure of re-employment to keep pace with business recovery has created a serious problem. Although 2,800.000 more persons are working than a year ago, there are still 12,184,000 unemployed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19360520.2.98
Bibliographic details
Dominion, Volume 29, Issue 199, 20 May 1936, Page 11
Word Count
107WAGES, EMPLOYMENT AND PROFITS Dominion, Volume 29, Issue 199, 20 May 1936, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in