TRANSACTIONS OF SECTION F. 



521 



ployment returns are generally based, and it is to be regretted that no Reports 

 have been published since last February, but it is to be hoped that later the 

 full Reports will be made available to those who wish to have access to these 

 invaluable records of the economic state of the country during "the War. 



Table I. 



State of Emplnyment at various dates since the Outbreak of War compared with State 



of Employment in Jzdy 1914. 



(Numbers employed in July = 100.) 



It is interesting to check the results in Table I. with those obtained by Mr. 

 Martin Holland in a unique return '* from the whole of the Banlcs of England 

 and Wales which throws considerable light on the movement of employment 

 and wages during the first eight months of the war. Each bank computed 

 the total of the cheques drawn for payment of wages in selected weeks. The 

 following are the results : 



When allowance is made for the excess of short time in September and 

 October and of overtime in December and February and for a slight rise in 

 wages early in 1915, it is seen that the employment and the banking statistics 

 are quite consistent with each other. 



" A + (here and in Table 11.) indicates the extent to which any industry has 

 been compelled to draw in new employees. 

 " Royal Statistical Journal, July 1915. 



