Monday, Dec. 02, 1946
Nothing to Worry About?
For those worried about what strikes had done to Canada, Reconstruction Minister Clarence Decatur Howe last week had some soothing words. Said he: "In this, the first full year of peace, our national income has been running about double that of 1939 [$4,570,000,000]. Our working force today is about 4,900,000, as against 3,800,000 in 1939. . . . Employment offices now report unfilled jobs in excess of the number seeking employment."
Of the 600,000 men & women in the armed forces and the 720,000 in war plants at war's end, almost all have found civilian jobs. He added: "I cannot understand by what process of reasoning [some doubters] arrive at their conclusion that there will be a . . . minor depression next year. . . . With . . . so many people in possession of ready money when the goods are available, I cannot see anything ahead but a long period of employment."
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