Principles of Economics volume 2

Cover Principles of Economics volume 2
Principles of Economics volume 2
F W Frank William Taussig
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Casual and irregular labor is sometimes inevitable, as in loading and unloading freight from vessels and railways; and it is frequent even where not inevitable, because many employers are disposed to favor casual labor rather than take 366 PROBLEMS OF LABOR [60- § 6 the trouble of arranging for a permanent staff. So constantly are these various causes at work that nonemployment is an unceasingly recurring phenomenon, and in that sense a permanent one.
Any method of insurance for equalizing the
...burden of the irregu- larities of employment presents some obvious difficulties of admin- istration. The irregularities are of a sort which do not tend to offset each other, like the chances of death and old age. They are therefore susceptible of actuarial treatment only with a very wide margin of "loading. " That they vary from occupation to occu- pation is not so serious a difficulty. Insurance against unemploy- ment would doubtless have to be organized, like insurance against accident, on the basis of occupations and with differences of rates according to the varying risk of unemployment.

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