1912-13. 1913-14. 1914-15.

RECEIPTS AND PAYMENTS OF THE UNEMPLOYMENT FUND FROM 15th JULY, 1912, TO 7th NOVEMBER, 1920.

INSURANCE YEAR.

1915-16. 1916-17. 1917-18. 1918-19. 1919-20.

Balance at end of Year

1,648,907 3,211,400 4,724,123 6,711,504 10,075,467 14,222,112 18,030,355 21,287,647 21,825,586
1,610,000 3,160,000 4,670,000 6,790,000 10,120,000 14,020,000 18,070,000 21,200,000 21,875,000

Investments at end of Yeart

* State Grant for the period April 1st-November 7th, 1920, was received at the close of the financial year 1920-21, and is, therefore, included in the second part of insurance year 1920-21.

† Appropriations-in-Aid representing ten per cent. of the income of the fund (other than interest on investments) were paid at the close of the financial year 1920-21, and are, therefore, included in the second part of that insurance year.

The differences between the balances and investments are accounted for mainly by the balance of deposits held in respect of deferred stamping arrangements.

RECEIPTS AND PAYMENTS OF THE UNEMPLOYMENT FUND FROM 8th NOVEMBER, 1920, TO 5th JULY, 1925.

Workers and Em- 8,916,940 30,553,608 34,029,359 36,743,365 36,723,531 146,966,803 ployers.

Contributions of Service Departments (Admiralty, War Office, and Air Ministry).

↑ Compensation for the abolition of refunds at the age of 60.

‡ The apportioned shares of the debt attributable to Northern Ireland and the Irish Free State are excluded from these figures as from the respective dates of severance, viz., 31st December, 1921, and 31st March, 1922.

AMOUNT OF THE DEBT OF THE UNEMPLOYED FUND AT VARIOUS DATES AND THE RATES OF INTEREST AT WHICH MONEY WAS BORROWED.

RATES OF CONTRIBUTION AND BENEFIT PROVIDED [NOTE.-This Table has been constructed to indicate in a very general manner some of the reference should be made to the various Acts.]

FOR UNDER THE SUCCESSIVE STATUTES.

principal provisions relating to the rates of contributions and to benefits; for full particulars

The Act provided that the employer's contribution may by regulation be reduced by 1d. for a man or woman and d. for other outstanding on 31st December, 1925, and is not likely to exceed the "1925 debt" in the succeeding Insurance year.

†The Act provided that if at the end of the 1st quarter, 1926, or at the end of any subsequent quarter in any year the average 1925, the Exchequer should pay a further weekly contribution in respect of that quarter of 1d. for a man and d. for other employed the Economy (Miscellaneous Provisions) Act, 1926.