Archive Report
Archive Report
Announcement by the Department of Commerce, August 15, that commodity production and consumption had been larger, and business in general more active during July, 1929, than in any corresponding month of the nation's history followed close upon the heels of a statement by President Green of the American Federation of Labor that during 1929 at least 500,000 wage-earners had been added to the number enjoying the five-day week and that millions of additional dollars for expenditure in retail trade had been provided through wage increases received by organized workers during the year. Unemployment, Green added, did not seem at this time to be “unusually large,”1 There was more of it in the smaller towns than in large cities, but whether the total was above ...