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  5. New Estimates of British Unemployment, 1870-1913

New Estimates of British Unemployment, 1870-1913

File(s)
Boyer8_New_Estimates_of_British_Unemployment.pdf (190.84 KB)
Permanent Link(s)
https://hdl.handle.net/1813/75884
Collections
ILR Articles and Chapters
Faculty Publications - Labor Economics
Author
Boyer, George R.
Hatton, Timothy J.
Abstract

We present new estimates of the British industrial unemployment rate for 1870- 1913, which improve on the Board of Trade's prior estimates. We use similar sources, but our series includes additional industrial sectors, allows for short-time working, and aggregates the various sectors using appropriate labor-force weights from the census. The resulting index suggests a rate of industrial unemployment that was generally higher, but less volatile, than the board's index. We then adjust our series to an economywide basis, and construct a consistent time series of overall unemployment for 1870-1999.

Date Issued
2002-09-01
Keywords
unemployment
•
industry
•
labor market
•
Great Britain
•
economics
Rights
Required Publisher Statement: © Cambridge University Press. Reprinted with permission. All rights reserved.
Type
article

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