NOTHING NEW UNDER THE SUN (ALMOST)
1st August, 1930 : Within 14 months the ranks of Britain’s unemployed have nearly doubled, with a figure of two million being announced by the Ministry of Labour. The Labour Government is under intense pressure to reverse the trend by introducing policies to boost the economy. It is the highest total since 1921 and includes nearly 39,000 who joined the queue for work in one recent week. The latest figure of 2,011,467 comprises 1,431,505 men, 56,024 boys, 476,041 women and 47,897 girls. Economists say this represents a new phase of industrial depression. They point out that the rise has continued unchecked by normal seasonal improvements. Yet employment over the same period has improved in Germany, Sweden, Denmark and Italy.