WORLD TRADE
LABOUR WARNING. LONDON, Monday. The “Daily Mail’s” Geneva correspondent says the International Labour Office is shortly issuing a warning against, undue expectation of early recovery in world trade. It states that even if, as some think, the cyclical depression touched bottom it is still over-early to predict improvement. Great Britain, where unemployment is steadily falling, is the one nation apparently improving. French unemployment has increased over 500 per cent, compared with. 1930, accepting the offeial figure, which is far below the actual total. Unemployment lias increased in Germany 34 per cent.; in Italy, G 3 per cent.; in Poland, 24 per cent.; in Belgium, 118 per cent. The report estimates that the European unemployment total 9,370,000, and those of the United States 10,000,000,
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Bibliographic details
Wairarapa Daily Times, 19 January 1932, Page 5
Word Count
125WORLD TRADE Wairarapa Daily Times, 19 January 1932, Page 5
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