Publisher's Synopsis
Excerpt from Bulletin of the Department of Labor, Vol. 30: September 1900
In this table the average of the wages for 1891 is taken as the basis and, as will be seen, represents 100. The relative figures for each of the remaining years of the period are secured by dividing the average wages for 1891 into those for each of these years. The wages for 1892 and subsequent years consequently represent percentages of' the wages for 1891.
Taking the average for 1891, representing 100, as has been explained, it is seen that in the year 1892 a very slight increase occurred, approxi mating one-third of 1 per cent, the relative figures being In 1893, however, the decrease in wages began, the drop being, about 1 per cent from the wages of the previous year, the relative figures being In 1894 a further drop of more than-1 per cent occurred, the relative figures being while in 1895 the lowest wages of the period are shown, the relative wages being In 1896 a very slight increase occurred being the figures for that year, and in 1897 an increase of more than 1 per cent placed the figures at In 1898 it is seen that'a very slight decrease occurred, the figures. Being but in 1899 an! Increase of more than'2é per cent placed the relative wages higher than those for 1891 or 1892, the figures being This rapid rise continued in 1900, the general plane of wages in this year being or nearly 2 per cent greater than the plane for 1899, and per cent greater than that for 1891.
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