. Before the United States Railroad Labor Board : argument for a wage increase . e 104 77 96 .57 July 106 77 98 55 Aug 101 82 95 54 Sept 99 85 91 53 Oct. 95 88 9g 53 IIov 101 91 88 53 Dec 98 95 85 55 2 0 0 Decregsed Purchasing; Power of Employees of the LeatherIndustry. U. S* De-oartment of Lahor figures covering numberemployed and total payrolls in the leather ManufacturingIndustry show a similar decrease in the purchasing powerof workers in this industry. This is another industry inwhich the decrease started in April, 1920. By the endof the year the index number which follows the state ofemp
. Before the United States Railroad Labor Board : argument for a wage increase . e 104 77 96 .57 July 106 77 98 55 Aug 101 82 95 54 Sept 99 85 91 53 Oct. 95 88 9g 53 IIov 101 91 88 53 Dec 98 95 85 55 2 0 0 Decregsed Purchasing; Power of Employees of the LeatherIndustry. U. S* De-oartment of Lahor figures covering numberemployed and total payrolls in the leather ManufacturingIndustry show a similar decrease in the purchasing powerof workers in this industry. This is another industry inwhich the decrease started in April, 1920. By the endof the year the index number which follows the state ofemploymeiA of this group of workers has fallen from 115to 75, or by about Zbfo. In other words over a third ofth£ workers in the industry had been added to the army ofunemployed. During the ^ame period the payroll index nuiriterfell from 26E to 166, or by about 37^. To this extent thenatural demand of this group of workers for the productsof farms and fectories was diminished^ The following tables with the accompanying chartshow clearly these tendencies in the Leather Industry,. 202 Total Pavroll and FumLer Employed In leather reported to F. S. lepto of Labor. Indez UumlDers based on Jan. 191^100 TOTAJ. PAYROLL • 1919 1920 1921, Jan. 191 264 142 Feb. 196 257 141 Mar. 201 262 140 Apr. 199 261 130 May. 208 259 135 June , 215 257 147 July. 223 245 147 Aug. 243 233 152 S(|9§Dt. 237 198 149 Oct, 243 197 147 Uov. 24£ • 178 145 Uec. 257 166 mJMBER ZMPLOf-,!) 1919 1920 1921. Jan. 101 117 73 Feb. 101 114 73 Mar. 103 115 76 Apr. 104 111 67 May. 107 109 71 June. 109 105 76 July. 110 105 79 Aup. 111 100 : 80 Sept. 113 v^2 80 Oct. 113 87 81 ITov, 114 80 85 Dec. 115 75 —— 203 Deflation iv tlie lojt and Shoe InduRtry» Beginning with May, 1920, Department of laborfigures show the development of unemployment and de-creased payrolls in the Boot and Shoe industry^ Thisis shown in the following table of index numbers. Itappears graphically in the chart wliieli faces the t
Size: 1318px × 1896px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1920, bookidcu3192406687, bookyear1922
