Methods of Cost Limitation Under Private Unemployment Benefit Plans.

For a number of years, several major labor organizations with large membership in mass production industries have had as a goal an increase in the income of their members during periods of unemployment. The rationale has been that the income of most workers while employed is insufficient to permit saving for unemployment; that unemployment compensation under existing state and federal laws is generally inadequate; and that, in consequence, the living standard of the unemployed is far lower than for those employed and that, in fact, only relief and private charity prevent many from becoming completely destitute.