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LENGTHY PROCESS

ABSORPTION OF UNEMPLOYED

GREAT BRITAIN’S PROBLEM

SOLUTION MAY TAKE YEARS.

(United Press Association— By Electric Telegraph , Copyright-! Received 11.15 a.m , to-uay. LONDON, Jan. 9. A foreoast of the course of unemployment in Britain was offered to the Royal Commission on unemployment insurance by Mr, A. W. Lady, a high official of the Ministry at Luhom. lie said that if trade began to improve when the number of persons unemployed stood at 2,400,000 there mis no reason to suppose the register would fall below about 1,800,000 during the first 12 months. The fall lor the lollowin" - two years might be at the i ate of 200,000 per annum. The decline after that would be slower- -I+l + Referring to coal trade he said that unless there was an increase in demand, it was unlikely that more than 900 000 to 950,000 workers would be required in industry, wared wut]fi the present insured total of 1,0/0,009. Lotton would not employ more than 400,000 compared with the present insured total of 550.000. Shipbuilding, heavy engineering and steel smelting would also have a problem of surplus oersonel.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19310110.2.34

Bibliographic details

Hawera Star, Volume L, 10 January 1931, Page 5

Word Count
184

LENGTHY PROCESS Hawera Star, Volume L, 10 January 1931, Page 5

LENGTHY PROCESS Hawera Star, Volume L, 10 January 1931, Page 5