Abstract

Will There Be Jobs?

The latest report made by John W. Snyder, Director of War Mobilization and Re-conversion, touches but gingerly on the question of coming unemployment in the United States. "By next spring," the report says, "with demobilization running at better than a million a month, unemployment may rise to about eight million." The next sentence seems to imply that this will be temporary. "The total," the report continues, "will depend on how fast re-conversion and expansion can be accomplished." According to the author, the problem the Americans face is the wealth of productive capacity, the dearth of brains, the prejudice against planning. Even spending for social improvement on a scale beyond that of the New Deal will not suffice to give Americans full employment of machines and men.