. Before the United States Railroad Labor Board : argument for a wage increase . x 251 162 — .NDMBES EMPLtO/TEB. January 1920^ 1921. 95 102 67 Febxuaxy 95 100 73 March 95 101 74 Apxil 91 99 75 M^y 92 97 78 June 91 96 62 July 91 38 85 August 94 87 89 Septembe-c 96 74 89 Ootobej 97 71 88 UovembeJ 99 67 87 December 101, 68 ,« Depression in the Sheet Metal ard Hardware Industry. Although not so abrupt, the decrease in thepurchasing power of workers employed in sheet metal workand in the hardv;are industry was not less drastic. Thisis shown in the following table vjxth its accompany
. Before the United States Railroad Labor Board : argument for a wage increase . x 251 162 — .NDMBES EMPLtO/TEB. January 1920^ 1921. 95 102 67 Febxuaxy 95 100 73 March 95 101 74 Apxil 91 99 75 M^y 92 97 78 June 91 96 62 July 91 38 85 August 94 87 89 Septembe-c 96 74 89 Ootobej 97 71 88 UovembeJ 99 67 87 December 101, 68 ,« Depression in the Sheet Metal ard Hardware Industry. Although not so abrupt, the decrease in thepurchasing power of workers employed in sheet metal workand in the hardv;are industry was not less drastic. Thisis shown in the following table vjxth its accompanyingchart*, The total payroll begins to decrease in By the following August it has fallen off exactly50^, the index number having fallen from 182 to 91. Thediminished purchasing power of these workers as a groupis obvious. During the same period the index number v^rhichfollows employmeiit in the industry drops from 106 to means that 45f5 of the workers in the industry v;?6regiven a taste of unemployment. They helped to increasethe surplus of labor. :, 2 \J o TOTAL PAYEOLL itt^D NUMBER SI^CLOYED IK SHE: ET LfflTAL V/ORK AKD HiiEDUxiRE. coin-US 3 iS_ REPORTED TC WEV/ YORK ST/iT2 IIIDUSIRIAL ION (IHDEX KUxMBERS BiiSES on JAIJ. 1918.: : 100) TOTAL PAYROLL . 1918 1920 1921 Jan. 100 135 173 113 Feb. 102 lc9 168 138 Liar. 110 133 182 114 April 114 131 180 111 May 120 132 169 114 Jane 124 125 180 106 Jaly 133 134 182 92 Aiig 132 148 177 jai Sept. 138 155 173 91 Oct. 128 163 171 90 Kov. 128 159 156 89 Dec. 143 175 140 96 KUIvIBEE E^:PLOYED Jan. 100 97 111 65 Feb. 98 97 111 95 Mar. 88 99 112 69 April 98 96 110 58 May 100 99 101 69 Jane 101 83 106 67 Jaly 102 95 106 59 Aap. 104 103 103 58 Sept. 102 107 100 59 Oct. 97 109 96 61 Nov, 100 112 88 60 Dec. 102 112 80 62 209 Decreased Purchasing Bovver and. Brnployment in Brass Industry. Between September, 1920 and March, 1921, the pur-chasing power of the wage earners in the Brass, Copper andAluminum Industry had
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