The Review of Economics and Statistics Vol. 5 No. 4 1923
Industrial Employment in the Present Business Cycle
Abstract
ships, nor have we ever intended to imply that they do. Lack of information even among the authorities on the subject as to the latent merits of employment data and the cyclical behavior of employment itself created a situation which called forth the emphatic statement of those points. Since I92I, employment statistics have received much attention. Numerous writers and observers of business conditions have come to use employment data of various kinds, often expecting too much from them and using them erroneously. Indeed the significance of employment fluctuations cannot fully be realized except by studying their relations to those of other economic factors. The purpose of the present article is briefly to review some of the most important relations. In doing so, we may first present our revised index of employment, to supplement the
- DOI
- 10.2307/1927786
- Volume
- 5
- Issue
- 4
- Pages
- 292
- Sources
- openalex crossref