ABSTRACT
This chapter discusses the statistical point in the December issue of the "Economic Journal", where those interested will also have the advantage of reading the full text of Sir William Beveridge's address. It explains the relation of unemployment to over-population. Unemployment is a phenomenon of maladjustment. Unemployment may be a symptom of a maladjustment very closely connected with population—namely, that which results from an attempt on the part of organized labour, or of the community as a whole, to maintain real wages at a higher level than the underlying economic conditions are able to support. The most alarming aspect of the prolongation and the intensity of the existing unemployment is the possibility that deep causes may be operating which interfere with continuing ability to maintain in the islands an expanding population at an improving standard of life.
