changes to standards of living

• unemployment decreased from 2 million (1926) to 1.3 million (1928)
• in 1927 - Unemployment Insurance Act charged 16400000 workers 3% of their wages to provide 60 marks a week for the unemployed and sickness benefits if they were out of work
• average working hours in a week shortened from 50 hours to 46 hours

  real wage rose by 25%
• from 1925-1929, private companies built 37000 new homes and building associations built 64000

  still a shortage but less homeless
• pensions were paid throughout 1920's to veterans, war widows and parents of dead servicemen
• the number of students increased from 70000 to 110000 by 1928
• personal saving lost in hyperinflation were regained by individuals