Unemployment compensation a protection against business...
Unemployment compensation a protection against business recessions. Washington, D.C., Jan. 5. Chairman Arthur J. Altmeyer of the Social Security Board, appearing before the Special Senate Committee investigating unemployment, declared today that the unemployment compensation was the nation's "first line of defense" against business recessions. At the same time he warned the committee that out-of-work remuneration will never prove more than this slight barrier, 1/5/37
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