Realities and problems

Bibliographic data

Monograph

Identifikator:: 1830556908

URN:: urn:nbn:de:zbw-retromon-221283

Document type:: Monograph

Title:: Realities and problems

Place of publication:: Westminster

Publisher:: [Verlag nicht ermittelbar]

Year of publication:: 1930

Scope:: 67 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: The engineering industry

Collection:: Economics Books

+ 4 Comparable figures in this country are not easily ascertained, but it may be assumed that for similar work the rates in this country for the respective grades of labour would, on a fair estima- tion be about £6, £4, £2 10s., and £3 10s. Here, at least, is one clear reason why these foreign countries can, and do, produce iron and steel more cheaply than Britain and why, accordingly, their engineering trades can produce machinery cheaper and thus throw men in the British trade out of employment. The results are equally clear. The statistics of unemployment yy» British metal manufacture are as follows :— NUMBERS AND PERCENTAGES UNEMPLOYED. METAL MANUFACTURE. (Ministry of Labour Statistics). Monthly Average 1927 ... - ys 1928... i 1929 ... a 1930 :— January ... February March April vee May... es June pig July se August ... September... October ... Total Unemployed. 56,573 59,247 54,532 64,413 63,470 76,306 83,028 81,623 83,296 89,848 102,377 09,794 119.466 Percentage. 17-1 18-4 16-8 19-9 19-6 23:6 25-6 25-2 25: 27-5 31-3 33-6 26-6 TRANSPORT INDUSTRY. Transport is by land, water or alr. Air-carrying is not yet of great importance as regards bulk, though it gives employment to engineering by the machinery and other material used. Transport can therefore be divided for present purposes into land and water, and land transport in turn into road and rail. Road transport for heavy material is probably not as yet a grave competitor of the railways except in general merchandise, but no ficures are available to show how far this is the case.

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