INFLUENCE OF ECONOMIC CONDITIONS 183
Through the first decade covered by this chart, the movement
in emigration from the United Kingdom to the United States is
frequently converse to the movement of employment in the United
Kingdom. Thus from 1887 to 1889, inclusive, emigration is decreasing
 and employment increasing; in the next three years, em-CHART
 42
QUARTERLY CYCLES OF EMPLOYMENT CONDITIONS AND OF IMMI-GRATION
 FROM THE UNITED KINGDOM TO THE UNITED STATES’
Unit= one standard deviation
bl .
2; oo rH ge, [B21 A
= onl] Sr
LU pried 3 ee
o
’ 5
" [(87]88(8 19509697 3199 p00 0 («of OB uw re FE
(3) Numerical Data in Table 43 and Appendix Table V.
(8) Dat for 1838 and 1906 are incomplete.
ployment declines and emigration increases. This inverse relationship
 is somewhat less obvious in the next succeeding years, although
in the second half of 1904 an exceptionally high peak in the emigration
 movement from the United Kingdom coincides with the low
point in the employment cycle. The sharp decline in the depression
of 1908 is quite similar in the two series, and, aside from a tendency