Wages and Hours in American Manufacturing Industries


Book Description

Excerpt from Wages and Hours in American Manufacturing Industries: July, 1914 January, 1922 A statistical problem, therefore, was involved in relating the data from the predominant 1914 - 22 group to the smaller 1920 - 22 group of firms. In regard to weekly and hourly earnings, the average week per wage earner, the average week of plant operation and the nominal week, careful tabulation showed little divergence between the data for these two groups, covering the period from June, 1920 up to January, 1922. It seemed justifiable, therefore, to tie these two groups together for 1920 - 22. The 1914 base supplied by the larger group was then taken as both the actual and index base for the entire group. Separate treatment, however, was given the two groups in regard to data covering employment. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.




Productivity And Wages In Indian Industries


Book Description

Productivity and wages plays an important role in the economic development and ultimately determines the standard of living in the country. In a developing economy like India the wage policy is facing a real conflict between the need of the workers for larger consumption and the demand of the economy for higher rate of capital formation. The increasing productivity and its linking with wages is the best option available. The book examines the relationship between productivity and wages in selected industries of organised manufacturing. In this endeavour, the book examines (a) The trends in productivity; (b) The trends in distribution of productivity gains; (c) The trends in factor compensation (wages and rate of return). Contents: Introduction and Problem Setting, Data and Methodology, Wage Productivity Relationship Theoretical and Empirical Evidence, Productivity Trends in Selected Industries, Trends in Distribution of Productivity Gains, Trends in Wages and Earnings, Wage-Productivity R