INDUSTRIAL CONDITIONS

Evening Star, Issue 19773, 25 January 1928, Page 6

INDUSTRIAL CONDITIONS

IMPROVEMENT IN BRITAIN (British Official News.) Prm Association—By Wireless—Copyright RUGBY, January 24. (Received January 25, at 1 p.ra.) Mr Reginald M'Kenna, chairman of the Midland Bank, at the general meeting of shareholders, said that the hopes expressed a year ago that 1927 would witness the dawn of a new era in industrial relationship and an upward trend in prosperity had been fulfilled. There had undoubtedly been a great improvement in the relations between Capital and Labor, and a gradual hut steady recovery of trade following the grave difficulties through which the country had passed in 1926. He did not suggest that there was cause for unbounded optimism. The problems yet before the country were numerous and complicated, but the background was brighter than it was a year ago. UNEMPLOYMENT DECREASING. RUGBY, January 24. (Received January 25, at 1 p.m.) Further reductions by over 38,000 in the number of persons unemployed is recorded by the Ministry of Labor. For the week ended January 16 the number of men, women, and boys unemployed was 1,193,000, which is the lowest recorded for the corresponding date of any year since 1920. The Industrial Tramerence Board, which was recently appointed to consider the question of finding work in other parts of the country and the dominions for unemployed workers, particularly miners in areas where unemployment is acute, are making a thorough preliminary survey before visits are paid to the areas.