Publication Date

9-2002

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.

Comments

Suggested Citation

Boyer, G. R. & Hatton, T. J. (2002). New estimates of British unemployment, 1870-1913 [Electronic version]. Journal of Economic History 62(3), 643-675.

Required Publisher Statement

© Cambridge University Press. Reprinted with permission. All rights reserved.

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