H.—llb

21

Seasonal Fluctuations in Employment, 1926 and 1927.— Ratio Chart indicating the Seasonal Fluctuations in Employment during the Calendar Years 1926 and 1927 (Wage-earning Employees) on Public Works, in the Manufacturing and Building Industries, and in all Three combined. N.B.—The curves have been plotted from relative numbers equating the figures for each month to the arithmetic mean for the twenty -four months. Movements above the horizontal line 100 indicate percentage increases, while those below the line indicate percentage decreases from the mean.

Graph C.