The Cost of Living Among Wage-Earners
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It should be recognized, however, that the foreign families arefrequently larger and that in many of them there are severalwage-earners. Their standard of living, on the other hand, isintrinsically lower.
These averages may be compared with the results of an investigationmade by a totally different method by the United States Bureau ofLabor Statistics in Fall River in 1918 when the average cost of livingof 158 families earning roughly from $900 to $2, 500 per year was foundto be $1, 320. 84. [3...] For 12 of these families, yearly expenses averaged$826. 23; for 56, they were $1, 058. 30; for 48, they were $1, 292. 54. Thus, nearly three-quarters of the families were spending about thesame amount or less than that determined by the National IndustrialConference Board to represent the minimum cost of living. Makingallowance for increases in cost since the Bureau's study was made, theresults of the two investigations are seen to be in substantialagreement.
[3] _Monthly Labor Review_, May, 1919, p.
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To quickly assess the difficulty of the text, read a short excerpt:
It should be recognized, however, that the foreign families arefrequently larger and that in many of them there are severalwage-earners. Their standard of living, on the other hand, isintrinsically lower.
These averages may be compared with the results of an investigationmade by a totally different method by the United States Bureau ofLabor Statistics in Fall River in 1918 when the average cost of livingof 158 families earning roughly from $900 to $2, 500 per year was foundto be $1, 320. 84. [3...] For 12 of these families, yearly expenses averaged$826. 23; for 56, they were $1, 058. 30; for 48, they were $1, 292. 54. Thus, nearly three-quarters of the families were spending about thesame amount or less than that determined by the National IndustrialConference Board to represent the minimum cost of living. Makingallowance for increases in cost since the Bureau's study was made, theresults of the two investigations are seen to be in substantialagreement.
[3] _Monthly Labor Review_, May, 1919, p.
What to read after The Cost of Living Among Wage-Earners?
You can find similar books in the "Read Also" column, or choose other free books by National Industrial Conference Board to read onlineMoreLess
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