BRITAIN’S UNEMPLOYED
FORECAST OF THE FUTURE? THE SURPLUS PERSONNEL lUnitaa Press Association—By Electric Teieg raph—Uopy right,) LONDON, 9th January. A forecast of the course of unemployment in Britain offered to the Royal Commission on Unemployment Insurance by Mr A. W. Eady, a high official of the Ministry of Labour, was that if trade began to improve when tile number of unemployed was 2,400,000, there was no reason to. suppose that the register would fall below about 1,800,000 in the first twelve months. The fall in the following two years might bo at the rate of 200,000 per annum, and the decline thereafter would be slower. As regarded the coal trade, unless there was an increase in demand, it was unlikely that more than 900,000 or 950,000 workers would ho required in the industry compared with the present insured number of 1,070,000. The cotton industry would not employ more than 400,000', compared with the. present insured number of 550,000, and shipbuilding, heavy engineering, and steel smelting would also have file problem of surplus personnel.
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Bibliographic details
Nelson Evening Mail, Volume LXIV, 12 January 1931, Page 5
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173BRITAIN’S UNEMPLOYED Nelson Evening Mail, Volume LXIV, 12 January 1931, Page 5
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