Word: joblessness
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...which will reduce the terrible numbers of the workless in the course of a single year, to normal proportions, and when completed will enrich the nation and equip it to compete successfully with business rivals." Though slightly vague as to these plans, which seemed to hinge upon employing the jobless in road building and on glamorous public works, Mr. Lloyd George made the ringing assertion that "all this will be achieved without adding a penny to national or local taxation...
Concerning your article, "Jobless Little,", Feb. 4, 1929. This article states...
...Labor addressed the International Association of Public Employment Services. Said he: "On the basis used in computing more recent unemployment totals, it would have been possible to say that in 1921 not six but twelve million Americans were out of a job. We know that those millions of jobless were put back to work, and in a remarkably brief period of time our country had reached a prosperity higher than any before in our history. I have no hesitancy in saying that for this remarkable feat the American people are largely indebted to Herbert Hoover...
...Baldwin's failure to reduce the number of the unemployed, which now stands at 1,242,000, an increase in the last year of 206,000. Not since the brief, disastrous period of the General Strike (TIME, May 10 to 24, 1926) have so many Britons been jobless. Ominous last week was a warning issued by the Government's Industrial Transfer Board that there are now at least 200,000 "permanently unemployed" British coal miners who must either be transferred to other employment or continue indefinitely half-starved upon the dole. A most drastic move to prevent further...
...Weeks. New York Stock Exchange traders last week advertised for clerical help. Four hundred "white collar'' men applied; ten were hired. United States Shares Corporation, investment trust organizers, advertised for security salesmen. Two hundred "white collar" men applied; 15 were hired tentatively. All the other "white collar" jobless were inept for the work for which they imagined themselves...