The Trend of Unemployment, Nominal Wages and the Cost of Living in Great Britain (1910-1922)
Year
|
Unemployment+
(in %)
|
Nominal Wages++
(1913=100)
|
Cost of Living+++
(1913=100)
|
1910
|
4,7
|
95
|
95,5
|
1911
|
3,0
|
96
|
95,5
|
1912
|
3,2
|
97
|
99
|
1913
|
2,1
|
100
|
100
|
1914
|
3,3
|
102
|
99
|
1915
|
1,1
|
110
|
122
|
1916
|
0,4
|
120
|
144
|
1917
|
0,7
|
141
|
174
|
1918
|
0,8
|
182
|
200
|
1919
|
2,4
|
235
|
215
|
1920
|
2,4
|
282
|
249
|
1921
|
16,7
|
280
|
226
|
1922
|
14,1
|
216
|
182
|
+ During the war men with
the forces were excluded from the base in working the percentages.
1910-1920: Trade Union 'Unemployed’ percentage; 1921-1922: Ministry
of Labour 'Unemployed1 Percentage.
++ 1910-1914: Board of Trade figures, 1914-1919; Prof. Bowley's
figures; 1919-1922: London and Cambridge Economic Service
figures,
+++ Ministry of Labour figures.
Source: Table III, The trend of production, Unemployment,
Nominal Wages, Wholesale Prices, and the Cost of Living in Great
Britain 1910-1930 in: F.C. Benham, Fluctuations in
Unemployment in Great Britain pp.264-265 in: M.L. Pleddérus (ed),
International Unemployment, A Study of Fluctuations in Employment
and Unemployment in Several Countries 1910-1930, contributed to the
World Social Economic Congress, Amsterdam August 1931, The Hague
1932, pp.229-277.