. Before the United States Railroad Labor Board : argument for a wage increase . n conditions are treated by employers as natural and even attimes desirable tendencies in che labor market, jhe helpless-ness of men without ai opportunity to earn a living is -used asa force for determining wage rates at a mere subsistence level,frecLuently below that level. It is the law of supply and demand. 19. ? a: ^ t- Q. 214 TOTAL PAYROLI MD KlTi-BER EMPIOYSD IN Pi\PER liMIIIFACTURIKS AS REPORTEg TO KET7 YORK STATS IIDUSTRIAL COMOSSIONjmDEL KIJMEEHS H5gEJ~(M~JM~r9TF~~~lODT Jan*
. Before the United States Railroad Labor Board : argument for a wage increase . n conditions are treated by employers as natural and even attimes desirable tendencies in che labor market, jhe helpless-ness of men without ai opportunity to earn a living is -used asa force for determining wage rates at a mere subsistence level,frecLuently below that level. It is the law of supply and demand. 19. ? a: ^ t- Q. 214 TOTAL PAYROLI MD KlTi-BER EMPIOYSD IN Pi\PER liMIIIFACTURIKS AS REPORTEg TO KET7 YORK STATS IIDUSTRIAL COMOSSIONjmDEL KIJMEEHS H5gEJ~(M~JM~r9TF~~~lODT Jan*, 1918 100 106119 lasla? 13315015215E135 14a 163 TOTAL PAYROLI 1919 145146139111153158160173176180187 i9ao 1921 184 194 177 190 200 173 201 160 230 104 232 101 232 115 238 128 241 123 232 128 aai 137 210 139 EULiBBR EIVIPLOYSD 1918 1919 Jan. 100 Feb. 99 Mar. 105 April 104 May 103 June 104 July 107 Aug. 105 Sept. 106 Oct. 93 Nov. 102 Dee- 108 ~W7 10410510083101104104110111115116 1920 110120120121123122124123123117116 1921 111 104977266738180828588 TOTAL PAYROLL AND UmCBER aCPIOYED IN IRON AND STEEL AS REPORTEB TO U., , S. DEPT OF LABOR ^ {INDEX NUlIBERS BASED ON JAN. 1916 ~ 100) TOTAL PAYROLL 1919 1920 1921 Jan. 265 ■ 262 193 ]?eb. 250 277 183 March 236 296 164 Apr. 217 279 131 May 199 267 124 June 202 286 102 July 203 264 77 * Aug. 239 273 89 Sept. 234 290 84 Oct. 159 300 97 Nov. 187 286 103 ■ Dec. 230 251 - NUMBER HvrPLOYED 1919 1920 1921 Jan. 1F;G 119 OY Feb. 128 121 88 Mar. 125 123 84 Apr. 120 122 76 May 110 114 75 June 110 120 71 July 112 118 62 Aug. 116 117 65 Sept. 116 120 67 Oct. 77 120 71 Nov. 90 116 74 Dec. 106 106 - z 1 l The Iron and Steel IndUsury sliows a similar precipitousdecline in the wajes paid to employees of the industry/- Theindex for the total payroll fell from SDO iu October, 19^0,to 131 in April, i9Sl, and to 84 in Sepbembex- 19^1. fhis meansthat in six months Lhe purchasing power of this group ofworkers fell 55^, and t
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Keywords: ., bookcentury1900, bookdecade1920, bookidcu3192406687, bookyear1922
