UNEMPLOYMENT—1929 AND 1937.

Hawke's Bay Herald-Tribune, Volume 81, Issue 27, 26 October 1937, Page 4

UNEMPLOYMENT—1929 AND 1937.

Index numbers of registered unemployed for aixteen of the principal industriai countries which have been tabulated by the International Labour Office and appear in the latest edition of its Year Book of Labour Statistics, show that unemployment is fast approaching the 1929 level. For every 100 jobless workers in these countries in 1929, the table discloses, there were 235 in 1931j 291 in 1932 and 277 in 1933. But by the first quarter of the present year there were only 113. The countries figuring in the tabulation are# Australia, Austria, Belgium, Canada, Czechoslovakia, Denmark, Great Britain, Italy, Japan' the Notherlandsi Norway, Poland, Sweden, Switzerland, "and the United States. At thei depth of the depression inl933, the table discloses, Australia, had 126 per eent more unemployed than in 1929, but by the first quarter of 1937 unemployment in Australia was 11 per cent^ below the 1929 level, In Canada, the table indicates, the depression was at its worst in 1933, when registered unemployment was 291 per cent. greater than in 1929. By the first quarter of 1937, unemployment in CJanada was still 126 per cent. greater than in 1929. In Great Britain, whero the depression reaehed its nadir in 1932, unemployment was then 113 per eent greater than in 1929; but by the first quarter of 1937, it was only 13 per cent. above the 1929 level. • Another table, showing the number of workers in employment in the various countries, discloses that for every 100 workers with jobs in 1929 there were only 83 in 1933 and 75 in 1932. But by March of tho current year, there were 97.