A MONSTROUS LIE “3% UNEMPLOYMENT GOOD FOR CANADA’ SAYS SOCIAL CREDIT OL MAN Sela iy Liat ACG VAN | Wi Incorporati ww S.C. Lumbermorher Official Publication of the Jnterwatlonal Weodworkers o see al Cou VOL. XXVII, No. 22 VANCOUVER, B.C. c PER COPY No ee Good To Have THE TRUE PICTURE say UNEMPLOYMENT RATE AS A PERCENTAGE OF THE LABOUR MARKET © © | cnponca'ncta(Sre jor Coa the working force would be a good Annual Rates, 1946 to (960 5 ee says E. W. Hinman, Alberta’s pro: vincia’ ial treasurer. PER ose : x a Say : “This is slightly less than the THE RISING SCORE a Reprinted from The Sun Nov. 9, 1961 Emphasizing in oa the view is his own and n ot n sarily that of the province's ae fi Credit gov eens a reporter he thinks national disc ion of SS eee es the pro pts em appear worse than it eally is Many of the unemployed, he id t suffering and many would not h idered them: selves unemployed in past years be- ause they have managed to make $5,000 during a summer season. He said national figures include many who are not actively looking for work and many who have little intention of working if jobs are offered to them. “In the light of this,” he said, “I don’t think five per cent unemploy- ment is undesirable. I think it is most healthy.” es UNEMPLOYMENT SPELLS 300.000 JOBLESS © 5% UNEMPLOYMENT SPELLS 900.000 DESTITUTE STILL WORSE e UNEMPLOYMENT AVERAGED 7% IN 1960 e UNEMPLOYMENT IS STILL RISING | ¢AVAILABLE JOBS DO NOT MATCH WORK FORCE ) e ECONOMIC GROWTH IS SLOWING DOWN e SOON 800,000 WILL BE ON THE BREADLINE e LABOUR CHALLENGES OFFICIAL NEGLECT =»