THE WORLD’S ILLS
GROWING UNEMPLOYMENT EARLY TRADE RECOVERY NOT EXPECTED Press Association—By Telegraph—Copyright. LONDON, January 18. The ‘Daily Mail’s’ Geneva correspondent says:—“The International Labour Office will shortly issue a warning against undue expectation of an early recovery of world trade. It states that even if, as some think, the cyclical depression has touched bottom, it is still too early to predict an improvement. Great Britain, _ where unemployment is steadily falling, is the one nation which is apparently improving. French unemployment has increased by over 500 per cent, compared with 1930. Accepting the official figures, which are fur below tho actual total, unemployment has increased in Germany hy 34 per cent., in Italy by 63 per cent., in Poland by 24 per cent., and in Belgium by. 118 per cent.” Tho report estimates that the European total of unemployed is 9,370,000, and in the United States 10,000,000.
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Evening Star, Issue 21004, 19 January 1932, Page 7
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146THE WORLD’S ILLS Evening Star, Issue 21004, 19 January 1932, Page 7
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