§ 53. Sir A. KNOXasked the Minister of Labour what is at present the total weekly income of the Unemployment Insurance Fund, giving separately the receipts from the State, from employers, and from employés; and what is the total weekly expenditure on statutory benefit and in transitional payments?
§ The PARLIAMENTARY SECRETARY to the MINISTRY of LABOUR (Mr. R. S. Hudson)The present average weekly contribution income of the Insurance Account of the Unemployment Fund is about £1,040,000, the Exchequer, employers and workpeople each contributing one-third. The expenditure out of the Fund, otherwise than in respect of transitional payments, averages at present about £1,235,000 a week, of which £1,150,000 is insurance benefit and £85,000 administrative expenses. In addition, interest on debt is accruing at the rate of about £100,000 a week. Transitional payments and their administration during the four weeks ended 5th March, 1932, have averaged approximately £835,000 per week, which is repaid to the Fund by the Exchequer.
§ 52. Sir ARTHUR STEEL-MAITLANDasked the Minister of Labour what is the approximate cost per annum at present of every 100,000 persons on the live register?
§ Mr. HUDSONThe outgoings of the Unemployment Fund by way of insurance benefit, transitional payments, adminis- 21 tration and interest, are at present approximately £4,150,000 for every 100,000 persons on the live register.