Research Report Volume 51-55

Research Report Volume 51-55

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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. 1922 edition. Excerpt: ...1914 to $.573. Hourly earnings declined 22.2% from the latter period up to January, 1922, at which time the average hourly earnings were $.446, an increase of 108% over 1914. The general high level of hourly earnings was held during the last half of 1920. The beginning of 1921 was characterized by a general 10% reduction followed by gradual declines throughout the rest of the year. The low point occurred in November, 1921. In July, 1914, the average hourly earnings of male common labor were $.199. In August, 1920, they had increased 163% over July, 1914, to $.523. From the latter period up to January, 1922, they declined 26.6% to $.384. In July, 1914, the average hourly earnings of male skilled labor were $.235. By September and November, 1920 they had risen 170% to $.634, declining to $.503, or 20.7% from the latter period up to the beginning of 1922. In July, 1914, the average hourly earnings of women were $.146. In June, 1920, they reached $.427, an increase of 192%. The.decline from this peak up to January, 1922 amounted to 30.7%, the average earnings at the beginning of 1922 being $.296. By January, 1922, therefore, the average hourly earnings of these three groups had increased respectively 93%, 114% and 103% over the July, 1914 levels. (b) Weekly earnings: Average weekly earnings of all wage earners in July, 1914 were $11.24. By July, 1920 they had increased 146% to $27.69. There was a gradual decline during the last half of 1920. At the beginning of 1921 there was a greater decline, due to the reduction in hourly earnings. The decline from July, 1920 up to January, 1922 was 20.8%, at which time the average weekly earnings were $21.93, a net increase of 95% over July, 1914. The general level of $22.00 was maintained throughout...show more

Product details

  • Paperback | 154 pages
  • 189 x 246 x 8mm | 286g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236757963
  • 9781236757968