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

Structure type:: Chapter

Title:: Chapter III. Employment opportunities for immigrants

Collection:: Economics Books

B68 MIGRATION AND BUSINESS CYCLES and have beenfused in supplemental studies, but have not been incorporated in the major index of employment; conditions. Similar statistics, however, for trade union unemployment in New York State, by, months, have beenjutilized in widening the scope of our employment index during the years 1904-1914. An index of factory employment in New York State is available beginning in June, 1914, and in the'following year the United States Bureau of Labor Statistics began an index of factory employment. In the post-war period still more complete data are available. The Federal Reserve Board has consolidated various series into an index of industrial employment for the years 1919 to 1923, and has also published an “index of the labor market’ showing the fluctua- tions in the ratio of applicants to jobs in the operations of the public employment offices during the period January, 1919, to December, 1923.¢ Previous Studies in Employment Fluctuations. Several economists have utilized the series described above, together with supplementary information, in the construction of more or less comprehensive estimates of the course of employment and unemployment. Mr. Hornell Hart made an estimate of the volume of unemployment by months during the period 1902 to 1917, inclusive;s Mr. Ralph D. Hurlin, of the Staff of the Russell Sage Foundation utilized the Massachusetts data in constructing a picture of “Three Decades of Employment Fluctuations”;” and Professor William A. Berridge, in a series of valuable studies presented in the Review of Economic Statistics and elsewhere,® has analyzed the cyclical fluctuations in employment from 1903 to date. As employment is the primary measure of immigrant oppor- tunity used in this study, and as it is desirable to carry our com- parisons through as long a period as possible, it has seemed advisable to prepare an index especially for our purposes rather than to rely 5s Federal Reserve Bulletin, Dec., 1923 (index of industrial employment); and Feb., 1924 (“labor market” index). sHornell Hart, Fluctuations in Unemployment in Cities of the United States, 1902- 1917, Studies from the Helen S. Trounstine Foundation, Vol. 1, No. 2, pp. 47-59. "Ralph D. Hurlin, “Massachusetts Employment in Factories,” Annalist, Oct. 24, 1921, pp. 387-388. Cf. articles in the Journal of the American Statistical Association, March, 1922, pp. 42-55, and June, 1922, pp. 227-240; the Review of Economic Statistics, January, 1922, pp. 1-56; the Federal Reserve Bulletin, December 1923, pp. 1272-1279, and February, OL En Sal also his volume entitled Cycles of Unemployment in the United States,

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