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Uneagloyment ahead ? On the basis of official estimates, the following 

 changes in eii5)loyment are indicated for the period following the war: 



ReductioiBin iron and steel, 500 thousand 



" in machinery 1,000 thousand 



* in aircraft +1,000 thousand 



" in ship building +1,000 thousand 



" in chemicals 300 thousand 



•• in auto industry 250 thousand 



" in food 250 thousand 



in government 5^000 thousand 



n 



The total estimated decline in en5)loyment in these industries exceeds nine 

 million. Offsetting this decline will he probable increases in eii5)loyment in con- 

 struction, two million; trade, 250 thousand; and finance and services, 200 thousand. 

 This will leave a net decline in eii5)loyment of close to seven million. Even though 

 unen5)loyment insurance is widely used to alleviate suffering in this group, the de- 

 mand for farm products is bound to decline as a result of the reduction in payrolls 

 and the conservatism in spending which will be induced by foar of eii5)loynent . 



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