TROUBLES HOT YET OVER.
POSITION IN MINING INDUSTRY.
UNEMPLOYMENT LIKELY.
By Telegraph—Press Association—Copyright. Australian and N.Z. Cable Association (Received July <5, 9.5 a.m.) LONDON, July o.
A disconcerting aftermath of the coal strike is rapidly developing. When the industry was under control all the collieries were overstaffed to the extent of 110,000. It is now estimated that between .100,000 and 150,000 will become surplus workers Probably sixty per cent of the normal workers will be absorbed at the end of July but three months will elapse before all tho workable mines will be in proper order. Some pits must be abandoned. Others will be re-shafted In many cases electrical pumpings are ruined, for the replacement of which large new capital will be imperative. The general outlook is unhappy for employer and employed alike.
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Bibliographic details
Star (Christchurch), Issue 16471, 6 July 1921, Page 7
Word Count
133TROUBLES HOT YET OVER. Star (Christchurch), Issue 16471, 6 July 1921, Page 7
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