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Some Aspects of the Problem of Fulll Employment
Published online by Cambridge University Press: 07 November 2014
Extract
The purpose of this paper is to raise issues and provoke discussion, not to present a blue print. Although war-time experience has contributed much to the education of economists, I suspect there are few who would be dogmatic about whether, or how, full employment can be maintained after the war. The problem is not entirely and indeed may not even be mainly one of economic analysis. The most important question may be a social or political one, viz. whether the desire for full employment is so compelling that people will be willing to subordinate personal and group interests sufficiently to achieve it.
War-time developments have emphasized how far Canada was from full utilization of its resources during the thirties. In August, 1939, after nearly a decade of struggle against mass unemployment, we now know there were still more than half a million Canadians who were unemployed. In addition, many were working on short time, or were being supported in concealed unemployment on farms, and many farmers were on relief. Since then, the gainfully occupied have increased from about 3.7 million to about 5.1 million, including the armed forces. In addition, our capital equipment has been increased, new skills have been developed, and new production techniques have been worked out under the forced draught of war. The indications are that full employment of all who really want to work after the war will probably involve jobs for about 4.7 million people, or one million more than in 1939, and a volume of production perhaps 50 per cent greater than the pre-war level.
- Type
- Articles
- Information
- Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 10 , Issue 3 , August 1944 , pp. 328 - 342
- Copyright
- Copyright © Canadian Political Science Association 1944
References
1 Knox, F. A., “Some Aspects of “Canada's Post-war Export Problem” (see above, pp. 312–27).Google Scholar
2 Jobs for Tomorrow (Toronto, 1944).Google Scholar
2 Social security (including family allowance) expenditure is taken as the typical case but such measures would also include, for example, subsidies or the reduction of taxes on the consumption of staple commodities.