HN
seemed to be little or no relation between the number of employes in the
plant and the median earnings. The full-fashioned hosiery plant with
the highest median for both men and women had only 127 employes.
The next highest median was in a much larger plant. The largest
full-fashioned hosiery plant included in the study had a median of
$28.72 for men and $20.44 for women. In the seamless hosiery in-
dustry all plants were small, only one having more than 200 employes.
ANNUAL EARNINGS
A single week’s pay can never be more than an indication of a
worker’s actual income. In the final analysis it is the amount he
actually earns during the year that counts, not what he might have
earned if there had been no lost time on account of slack work or
because of illness. That more specific information might be made
available regarding the actual earnings of hosiery workers, data were
obtained on annual earnings of hosiery workers who had been on the
firm’s pay roll for the whole of 1927. Figures on annual earnings
were secured for 1798 men and 2708 women,
Annual earnings of all workers
In the full-fashioned hosiery industry 38 per cent of the women
and 18 per cent of the men earned less than $1,000 during the year.
For three per cent of the women and one per cent of the men the
yearly earnings were less than $500. On the other hand, 47 per cent
of the men earned $2500 or more. The median annual earnings for
all men in the full-fashioned hosiery industry was $2323, for women
$1162. Assuming that these hosiery employes actually had 52 weeks’
work during the year, these median annual earnings would have
presumed average weekly earnings of $44.66 for the men and $22.34
for the women, figures considerably higher than the actual median
earnings of the men and women for the week studied in 1928.
In the seamless hosiery industry nearly one-fifth of the men and three-
fourths of the women earned less than $1000. One-half of the men
had yearly earnings of $1500 and more. (Chart 11) The medium
for men employed in seamless hosiery was $1508, for women $824.
Assuming 52 weeks’ work during the year for seamless hosiery employes,
the average weekly earnings must have been $29 for men and $15.84
for women, again figures much higher than the actual median weekly
earnings of the men and women in the week studied in 1928.
It seems reasonable to assume, therefore that the annual earnings
of men and women in the hosiery industry in 1928 were lower than
in 1927.