PEOPLE RUNNING INTO DEBT.
SYDNEY, July 20. The Australian industry has lost 64,000,000 man hours sinee the begmuing of the coal strike on June 2'/. The Sydney Morning Herald computes that it wonld take 10,000 men working for more than three years to make good this wasted man power. The strike has already cost £16,000,000 in wages and £48,000,000 m goods. Production losses to date include 800,000 tons of coal, S0,000 tons of steel, 64,000 tons of pig iron, 1280 new homes, 23,000,000 bricks, 1,900,000 tiles and 2500 stoves. Savings are being used up, and people are running into debt. In INew. South Wales alone .125, 35S people are on unemployment relief — more than those who received the dole in the whole of Australia at the heiglit o± depression. The Australian figure for .unemployment relief is 156,476, which is unpreeedented.
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https://paperspast.natlib.govt.nz/newspapers/CHRONL19490721.2.35.3
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Chronicle (Levin), 21 July 1949, Page 7
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140PEOPLE RUNNING INTO DEBT. Chronicle (Levin), 21 July 1949, Page 7
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