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Hobson, John A., 1858-1940

"Problems of Poverty"

To the general average we
have appended for comparison the average for the shipbuilding and
boiler-making trades, so as to illustrate the violence of the
oscillations in a fluctuating trade:--
General per cent. Ship-building, etc.
1884 7.15 20.8
1885 8.55 22.2
1886 9.55 21.6
1887 7.15 16.7
1888 4.15 7.3
1889 2.05 2.0
1890 2.10 3.4
1891 3.40 5.7
1892 6.20 10.9
1893 7.70 17.0
1894 7.70 16.2
1895 6.05 13.0
1896 3.50 9.5
1897 3.65 8.6
1898 3.15 4.7
1899 2.40 2.1
1900 2.85 2.3
1901 3.80 3.6
1902 4.60 8.3
1903 5.30 11.7
These figures make it quite evident that the permanent causes of
irregular employment, e.g., weather in the building and riverside
trades, season in the dressmaking and confectionery trades, and the
other factors of leakage and displacement which throw out of work from
time to time numbers of workers, are, taken in the aggregate,
responsible only for a small proportion of the unemployment in the
staple trades of the country.


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