06 
MIGRATION AND BUSINESS CYCLES 
CHART 15 
DEPRESSION OF 1893-94. 
Four Methods of Comparing Immigration and Economic 
Conditions 
a | FigA | | Fig.B | 
DEVIATIONS FROM TREND L; DEVIATIONS FROM TREND 
#60 ‘ Unit=one percent) +30 Unit=one standard deviation 
+50 | 
| . a=Male Immigration 
nee a=Male Immigration 2a of 
i ts Z=Piglron 
#20 - 2700z Pa 
+10 b 4 aN 
0 Tt Lo 0 : = a 
10 : 
Ns) x Te 1 2 y 
=a0 -10 Be 
-30 J 5 
- 20| -20 Cl “Employment 
- S01 - 
TEWAVMTTAS ONO rl MF SHA avons AM JIA FIMAMTT AISOND PIF Mi #17 J AS OND FAM TAISIOND 
7893 1894 | 1895 TT vo 1894 1895 
GR - | Fig.D 
on DEVIATIONS FROM TREND CYCLE IN EMPLOYMENT COMPARED ) 
immigrz) Scale in Otol proportion EPIOYMEM Wirt CUMULATIVE IMMIGRATION. Cumulative 
tion (Unit =one percent) cales 'mmigration 
Cycle (Unit = 9 500,000 
+80 | b= i | oy gre y Ee 200,000 
+60 i Immigration -176 #6 a ‘mmigratior 300,000 
! J June} «umula 
#20 [74 re = 200,000 
+20 ~ - Te #2 100,000 
Q 
0 tq o 2 17 
20 # =2 — 28 
* qu Ha 34 
- 60 } 6 -6 
1 
80 + yo =k 8 
200 - . : {70 0. 
PFI ASIN TW 1-0 JAS OMT MAW FAS OND) MAN JT ASO MOTE MAMTA EOF AMI ASOD 
7693 1894 2895 | 1693 1894 1895 
»Based upon data in Table 20 and Appendix Table VI. 
Fig. A=—Percentage deviations from trend (Unit= one per cent). 
Fig. B=Deviations from trend (Unit==one standard deviation). 
Fig. C=Deviations from trend (Adjusted scales, ratio 10 to b.. } 
Fig. D=Deviations of employment from trend, and cumulative immigration.