Annals of the American Academy of Political and Social Science
American Academy of Political and Social Science
The Cost of Unemployment
Source: Annals of the American Academy of Political and Social Science, Vol. 65, Supplement.
Steadying Employment. With a Section Devoted to Some Facts on Unemployment in
Philadelphia (May, 1916), pp. 36-47
Published by: Sage Publications, Inc. in association with the American Academy of Political and
Social Science
Stable URL: http://www.jstor.org/stable/1012983 .
Accessed: 02/04/2014 11:16
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PART II
THE COST OF UNEMPLOYMENT
To THE EMPLOYE
Little though we know of the facts of unemployment, we know even less of its social cost. We do not realize how deeply unemployment penetrates, and how seriously it threatens, our community welfare. Although unemployment affects every interest in the community, the burden falls most heavily on the working classes. When out of work the average member of the working class loses his chief means of support. It is, therefore, a matter of life and death to him.
The most immediate and vital effect of unemployment on the worker is a very serious reduction of the wage scale.
The Cost of Unemployment
Source: Annals of the American Academy of Political and Social Science, Vol. 65, Supplement.
Steadying Employment. With a Section Devoted to Some Facts on Unemployment in
Philadelphia (May, 1916), pp. 36-47
Published by: Sage Publications, Inc. in association with the American Academy of Political and
Social Science
Stable URL: http://www.jstor.org/stable/1012983 .
Accessed: 02/04/2014 11:16
Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp .
JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org.
.
Sage Publications, Inc. and American Academy of Political and Social Science are collaborating with JSTOR to digitize, preserve and extend access to Annals of the American Academy of Political and Social Science.
http://www.jstor.org
This content downloaded from 123.243.216.54 on Wed, 2 Apr 2014 11:16:34 AM
All use subject to JSTOR Terms and Conditions
PART II
THE COST OF UNEMPLOYMENT
To THE EMPLOYE
Little though we know of the facts of unemployment, we know even less of its social cost. We do not realize how deeply unemployment penetrates, and how seriously it threatens, our community welfare. Although unemployment affects every interest in the community, the burden falls most heavily on the working classes. When out of work the average member of the working class loses his chief means of support. It is, therefore, a matter of life and death to him.
The most immediate and vital effect of unemployment on the worker is a very serious reduction of the wage scale.