Migration and business cycles

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Monograph

Identifikator:: 1736236210

URN:: urn:nbn:de:zbw-retromon-111544

Document type:: Monograph

Author:: Jerome, Harry

Title:: Migration and business cycles

Place of publication:: New York

Publisher:: National Bureau of Economic Research

Year of publication:: 1926

Scope:: 256 S.

Digitisation:: 2020

Collection:: Economics Books

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Document type:: Monograph

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Title:: Chapter III. Employment opportunities for immigrants

Collection:: Economics Books

OPPORTUNITIES FOR IMMIGRANTS ! inspection of these charts, to approximate with the eye the relative change in different years or in the several curves for any one year. Depression Years. When examining the fluctuations in migration, we shall have frequent occasion to refer to the depression years in industry. These years of depression may be quite satisfactorily identified for preliminary comparisons by examination of Charts 6 and 7, on CHART 6 InpicEs oF Economic (‘onNpITIONS, BY CALENDAR YEARS: 1870-1923 Ratio scale 1000 11000 900 , ! 900 so Ae—e= Railway Trackmen (7housand men) 1 3% 600 B «—- = Bituminous Coal Production (Million tons) 600 s00 C —— = Pig Iron Production (One hundred thousand tons) 500 D »-—x= Volume of Manufacture (/1899=/00) #0: «inex of Construction (1914=100) oo soo © o—e = Wholesale Prices (79/3 =/00) 300 5 ~—— = Anthracite Coal Production (Million tons) 200" + 200 100} 100 90 Qo 80+ ] 80 70 1 7C 60| 4 60 so} 50 ¢0t I 40 30 30 : 20 o— 2. <9s _Tooh09 | TW |B sNumerical data in Tables 12-A and 12-B. pages 59 and 62, which show the relative fluctuations in the annual statistics. With the exception of the clearings index of business, the data plotted in these charts have not been corrected for the growth element, hence a mild depression tendency may be evidenced merely by a slackening in the rate of increase rather than by a decided downward slope of the curve. The fluctuations in the production of pig iron, when they are reasonably well supported by 5G

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