The Industrial Bulletin Volume 1-5

The Industrial Bulletin Volume 1-5

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ...of summer activity. By this time practically all branches of manufacturing were dropping workers, and the fall reduction in the clothing factories was drastic. Fortunately however, these plants had completed their readjustment and had taken the larger part of their employees back by February, 1921, when the employment in other industries was still declining rapidly. Employment and payrolls in this division went higher in 1921 than they had in 1920. and while this condition was of little direct assistance COURSE OF EMPLOYMENT IN REPR ENTATlVE FACTOBIES IN ROCHESTER (JUNE, lll4, =l00) to workers who were being dropped in the instrument and chemical plants, it did help to sustain the purchasing power upon which commercial activities of a community largely depend. By the fall of 1921 the decline had stopped in practically all industries of the district. A general lowering of the wage scale was first accomplished and employment then moved forward. Wage adjustments in the clothing plants were held up until May of 1922 when a particularly large cut in forces was made at the "between seasons" period accompanied by a general reduction in wage rates. Aside from this disturbance employment went steadily upward during 1922 and on into 1923. June of last year saw the number of factory employees only 10 per cent below that of the peak period in 1920. On the average these employees were earning almost as much last year as they had during the boom while the cost of living as measured by the United States Bureau of Labor Statistics in the cities of New York and Buffalo had receded 20 per cent during this time. A living standard somewhat improved over that of 1914, has apparently become possible in this neighborhood. The summer months are...
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Product details

  • Paperback | 1016 pages
  • 189 x 246 x 51mm | 1,774g
  • United States
  • English
  • black & white illustrations
  • 1236920961
  • 9781236920966