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A legal Day from the Economic Point of View.

Those who oppose with so much zeal and so little logic the reduction in the hours of labor by law, says the 'Labor Elector,' should calculate the coat of obtaining the desired reform purely by trade union action —that is, by strikes. We recommend to them a study of the following figures about labor struggles in America, which we take from the ' North British Economist':—" In the six years ending ISB7 there were 3,000 strikes, involving 22,300 establishments and 1,323,000 employe's. In the same period 2,200 establishments had lock-outs, and these involved 160,000 employes. Of the strikes, 40 per cent, failed entirely; of the look-outs, 60 per cent, failed. Loss to the employee, L 12,000,000 sterling; losb to the employers estimated at nearly L 7,000,000."

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https://paperspast.natlib.govt.nz/newspapers/ESD18891015.2.25

Bibliographic details

A legal Day from the Economic Point of View., Issue 8038, 15 October 1889

Word Count
134

A legal Day from the Economic Point of View. Issue 8038, 15 October 1889

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