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The Trend of Unemployment, Nominal Wages and the Cost of Living in Great Britain (1910-1922)
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© 2009 The Triple Alliance
 

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.