Abstract
The widening gap between the number of people seeking paid employment and the number of jobs for which open‐market wages are available has been a growing worry in all the EEC countries since the early 1970s. It is not as though there were not enough work to be done. One has but to look at the public squalor, the tackling of which would provide jobs for all, or the shortage of human resources in all the labour‐intensive areas of human need: the young, the old, the ill, the handicapped, the disadvantaged. But the cash nexus is missing, and governments properly worried about inflation hesitate to supply it. They still hope that the expected upturn in their economies will once again absorb all the unemployed.
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