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Union Labor Bulletin
Little Rock, Pulaski County, Arkansas
What is this article about?
The Chicago Amalgamated Clothing Workers' Union has implemented unemployment insurance, paying out $1 million in benefits from a $2 million fund to ease seasonal joblessness in the men's clothing industry, funded equally by workers and employers.
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Out of a job, but not hungry.
Thanks to the Chicago Amalgamated Clothing Workers' Union, the terror has been taken away from the seasonal unemployment which curses the mens clothing industry. Unemployment insurance is the instrument used. and not only relief for members but a step toward solving the job problem have been the results.
Two million dollars have been paid into the insurance fund and 50,000 benefit checks totaling $1,000,000, have been paid out at an expense of 5 cents on the dollar. The fund is sustained by 1½% per cent of the worker's weekly earnings doubled by a like sum from the employer. Through a simple system of assessments, the employer is encouraged to provide more steady employment and cut out the waste of jobless workers. After one week's enforced idleness, the A. C. W. member is paid 40 per cent of full-time wages, but not more than $20 a week, for two and one-half weeks of every six-month period. As the fund becomes financially stronger the payments will be extended.-Locomotive Engineers' Journal.
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Where did it happen?
Domestic News Details
Primary Location
Chicago
Outcome
two million dollars paid into the insurance fund; 50,000 benefit checks totaling $1,000,000 paid out at an expense of 5 cents on the dollar.
Event Details
The Chicago Amalgamated Clothing Workers' Union provides unemployment insurance funded by 1.5% of workers' weekly earnings matched by employers. After one week of idleness, members receive 40% of full-time wages, up to $20 a week, for two and one-half weeks every six months. The system encourages steady employment and will extend payments as the fund strengthens.