Seasonal Variations in Employment in Manufacturing Industries

Seasonal Variations in Employment in Manufacturing Industries
Author: J. Parker Bursk
Publisher: University of Pennsylvania Press
Total Pages: 212
Release: 2017-01-30
Genre: Business & Economics
ISBN: 1512814997

This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.

Seasonal Variations in Employment

Seasonal Variations in Employment
Author: Frank R. Jasperse
Publisher:
Total Pages: 0
Release: 1977
Genre: Seasonal labor
ISBN:

This thesis examines the economics of seasonal variations in employment of the Alberta service industries. Seasonality has long been known to exert significant influences on employment in many Canadian industries. With the service industries accounting steadily for progressively larger shares of total employment, it was not known if the characteristics of these industries was such that the effects of seasonality would moderate or increase with the passage of time. The economic theory underlying seasonality states that seasonal amplitudes in employment are a function of: (a) the industry's product demand curve shift, (b) the elasticity of the product supply curve, (c) the degree of fixity of the workers, (d) the ability of the industry to accumulate inventories, (e) whether or not additional workers are hired during peak periods, and (g) whether or not a firm decides to meet a seasonal increase in demand. Seasonality was measured by means of seasonal factors for the Alberta service industries and these were calculated by using the X-11 Variant of the Census Method II Seasonal Adjustment Program on the relevant employment time series. It was found that for comparable industries, the seasonal factors for Alberta services had twice the amplitude of Canadian service industries. Reasons for this behavior were examined in the context of the economic theory behind seasonality. However, many hypotheses were unable to be tested because of the data deficiencies that were encountered. Tests were run to show that a negative linear correlation coefficient existed between average industry wage rates and industry seasonal variation in employment, as well as to show the presence of stable seasonality over the duration of the study.