GERMAN UNEMPLOYED.
3,000,000 REPORTED IDLE
REDUCTION IN WAGES. SUGGESTED BY STEEL WORKERS. United Press Assn.—Elec. Tel.—Copyright. BERLIN, March 20. Germany’s workpeople have taken seriously to heart the spectre of ununemployment. The total idle now are 3,000,000. The Greater Backer steel works are faced with the alternatives of either reducing the cost of production or closing down. The workers approached toe directors and suggested a 15 per cent cut in wages, meaning an economy of £6OOO on toe yearly wage bill of £400,000.
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Waikato Times, Volume 107, Issue 17976, 22 March 1930, Page 9
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82GERMAN UNEMPLOYED. Waikato Times, Volume 107, Issue 17976, 22 March 1930, Page 9
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