Migration and business cycles

Bibliographic data

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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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter III. Employment opportunities for immigrants

Collection:: Economics Books

OPPORTUNITIES FOR IMMIGRANTS solely upon any of the available series or analytic studies. How- ever, these valuable pioneer studies have been utilized in some of the subsequent comparisons, and have afforded many suggestions for the preparation of our special employment index. Index of Factory Employment, by Months, 1889-1923. The index of employment opportunity which is most extensively used in the subsequent chapters is an Index of Factory Employment, representing an estimate obtained by the synthesis of some of the employment and unemployment series mentioned in above para- graphs. This index covers the period from January 1, 1889, to December, 1923, by months. For 1889 to 1894 the estimate is based upon Massachusetts data; for 1895 to 1903, on statistics for Massachusetts and New Jersey; for 1904 to 1919, New York is added; and for the years subsequent to 1919, the New Jersey series ceases to be available and the index rests upon data for New York and Massachusetts alone. For the period subsequent to 1914 other employment series are available and are used to corroborate the evidence presented by the Index of Factory Employment. The methods used in welding the available fragmentary data into a continuous comparable index may be briefly summarized as follows: L The Census of Manufactures’ statistics of wage earners em- ployed in factories in the years 1899, 1904, 1909, 1914, 1919, and 1921, were adjusted for known variations in their com- prehensiveness, in order to make them as comparable as possible throughout the entire period. Estimates, by months, of the number employed in factories in each of the three States—Massachusetts, New Jersey, and New York—were made by using the Census data for the given State as basing points and interpolating between Census years by means of indexes constructed from the available employ- ment and unemployment (inverted) data for the given State. The separate State estimates of numbers employed were then added together to get a consolidated estimate for the groups, and from this estimate an index, withthe Javerage lfor 1914 = 100, was computed, due allowance being made'for the changes in 1895, 1904, and 1920 in the number of States included The monthly figures for this Indez of Factory Employment, in terms of percentages of the 1914 average, are given in Table IVyin the Appendix, for the convenience of investigators who may wish 69

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