Best Answer

The unemployment rate was 25% during the Great Depression.

User Avatar

Wiki User

โˆ™ 2012-09-13 23:38:46
This answer is:
User Avatar
Study guides
1 Review

Add your answer:

Earn +20 pts
Q: What was the unemployment percentage during the Great Depression according to class of society?
Write your answer...
Still have questions?
magnify glass
Related questions

During the depression wage cuts and unemployment eventually affected who?

All levels of society.

What was one impact of the stock market crash and the Depression on American society?

record high rates of unemployment

What are the economic consequences of market failure?

There are five: Retrenchment, Unemployment, Economic Depression, Rise in levels of poverty and Decline in welfare of society.

How does Jonas's society prevent unemployment in the giver?

ow does Jonas society prevent unemployment

When does your unemployment benefit reset after returning from a layoff?

Doesn't matter as you have a job where you contribute to society now. Be your own unemployment

What effect did the war have on Australian society?

The impact war had on Australian society is greater economic boom and depression. The impact war had on Australian society is greater economic boom and depression.

Affect of unemployment to society?

Sometime result in crime thieves and kidnapping..

How does depression affect society?

Part of the problem with depression is that society has become gathered up into an agreement of belief that does not consent with depression. The desire to fit in and conform encourages people to lose their inner voice and not speak up when something is wrong. We are products of a cultural belief system that ignores or devalues matters of the heart, and then we turn and point our accusatory finger at those who suffer. When we do so, we discriminate against people with depression. Effectively, society affects depression and this makes depression affect society.

What is the difference and similarity of the Great Depression programs and the Great Society Programs?

The Great Depression in the United States began on October 29, 1929 and the Great Society programs started in response to the Great Depression programs.

Is unemployment an economic problem?

Yes, unemployment is very much an economic problem, because they are not working and expanding their business, and they're not supporting themselves. Unemployment is a weight on society that should be fixed.

How did Australia's society get affected in the 1930s?

Mass unemployment nationwide poverty and hunger

How has unemployment changed working people's lives in Los Angeles?

It changed people life because unemployment make people poor . More unemployment increase the homeless . Which is really bad for the society . unemployment also increase the economic problems .

What are the problems which surfaced during Great depression?

Depression. depends on what aspect you're referring to. Soaring unemployment, homelessness, low quality of life, terribly weak economy with no catalyst to turn it around until WWII. Widespread poverty and even starvation. Corruption and a stock market crash. Turmoil and hopelessness for a once affluent society.

Where is the Rocky Mountain Depression Glass Society in Aurora Colorado located?

The address of the Rocky Mountain Depression Glass Society is: 7312 S Valdai Cir, Aurora, CO 80016-2311

How does the Great Depression effect society today?

One way is the Social Security system established in the Great Depression that will soon be bankrupt.

What is the impact of DEindustrialization on society?

Unemployment rate increases, people start to move out to look for jobs.

Discuss the effect of communication in the society positive and negative?

how does information communication affects the society itc they create unemployment Ict create moral decay

Which is better a higher or lower percentage on unemployment rate?

A lower unemployment percentage is more beneficial to the economy because it means more people have jobs therefore less tax money is going to maintain the society and that money can be put to increasing the quality of life. Also a low unemployment rate shows stability in the job market and less turnover in jobs there for companies annual revenues are higher increasing stock values. Finishing on the last point, with more people having jobs (hence lower unemployment rate) people have more liquid assets which allow investing in companies that traded on NYSE which circulates into the economy.

Is the statement 'Society faces a short-run tradeoff between inflation and unemployment' positive or normative?


Does the st Vincent depaul pay into the unemployment?

The "St. Vincent dePaul" Society is a group of volunteers within the Roman Catholic Church, and as such has not employees, and is exempt from contibuting to the state unemployment benefits.

According to Confucius how will a society be healthy?

According to Confucius, a society will be healthy if people treat others with respect.

Positive or Normative Society faces a short-run trade-off between inflation and unemployment Explain?


How does unemployment affect the micro level of a country?

In sociology, there is a micro and macro view of communities. Micro refers to the smallest unit of a society; macro refers to the largest, or "overall" society. Unemployment will always affect the micro first; it's where people live, shop, buy services. Unemployment restricts buying power and reduces economic growth of local businesses. The more widespread unemployment becomes, the more it begins to affect a State or region, and eventually the nation.

What shocked society in the 1930s?

The Great Depression was going on in the United States and people didn't have Jobs.

What were the outcomes of the Great Depression?

The Great Depression led to widespread unemployment. Extreme poverty was inflicted on both middle class and lower class and in some cases even upper class. Suicide rates jumped high. People lost their homes and farms. Many moved to live in 'Hoovervilles'. There was social unrest within the society. The effect even reflected on other countries and trade reduced substantially. The idea of social security also became prominent after the Great depression.