WORSTED TRADE.
Three years’ experience
SHORT SKIRTS AND KNITTED GOODS, (Aust, and, N.Z. Cable). London, Feb. 10. The present vogue of knitted goods aiul the short, small skirt was one of the factors .in - the depression of the worsted trade, said Mr Wood, secretary of the Woollen and Worsted Trades’ Federation, in the course of a paper before the 'Royal Statistical Society. The wool industry did not usually meet depression- by discharging trained work people, but by short times. The mere figures of unem r ployment, therefore, Uhl not tell the whole tale of the depression. /> Reckoning the decline both in numbers of employed and their average earnings, the wool and textile industry as a whole showed Do per cent, reduction in 1020, compared with May, 1920. ./This depression had lasted three years and .showed no signs of. lifting. There were 47,000 fewer employed, .in the woolen trade than in 1920, but an extra It),000 were employed in the hosiery section.
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Bibliographic details
Feilding Star, Volume 5, Issue 1032, 17 February 1927, Page 7
Word Count
161WORSTED TRADE. Feilding Star, Volume 5, Issue 1032, 17 February 1927, Page 7
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