Consequences of Unemployment
When workers lost their employment-- which they might do at the end of the job, of the week, of the day or even of the hour — they had nothing to fall back upon except their savings, their friendly society or trade union, their credit with local shopkeepers, their neighbours and friends, the pawnbroker or the Poor Law, which was still the only public provision for what we now call social security. When they grew old or infirm, they were lost unless helped by their children, for effective insurance or private pension schemes covered only a few of them. Nothing is more characteristic of working-class life, and harder for us to imagine today, than this virtually total absence of social security.
Hobsbawm, Eric. Industry and Empire: The Birth of the Industrial Revolution, p. 133.
Source: Victorian Web - The Lack of Social Security in Victorian England