The unemployment rate for the years 1923-29 was 3.3 percent. In 1931 it jumped to 15.9, in 1933 it was 24.9 percent.
According to the Census, unemployment had dropped under 10% by 1941, and appears to have decreased to approximately 7% by the end of 1941. If unemployment were calculated the same way then as now that actual unemployment during the Depression would have been significantly lower, especially once the New Deal came in. Apparently the official figures counted as unemployed those working on government projects (WPA, CCC, etc), a standard not used today.
The unemployment rate was 25% during the Great Depression.
The worst year of the Great Depression was 1933. In 1933, the unemployment rate rose to 25%.
The unemployment rate was 25% by 1933.
About 50%! Their unemployment rate was the highest and (if they had a job) they were paid the lowest.
It was nearly double the national rate.
During the Great Depression, the general unemployment ranged from 25 percent to 50 percent. The unemployment rate for African-Americans ranged from 52 percent in 1931 to 50 percent in 1933.
24.9% in 1933
At the height it reached 25%
In the Great Depression,there have been reports of an unemployment rate of 25 Percent. January 2017, our current rate is 4.8%%
The unemployment rate for black people during Great Depression was at 50%. The main reasons why the black community suffered the most is believed to have been racial discrimination.
Data on unemployment rates during the great depression is considered to be highly biased due to the fact that people that employed in public works programs were considered to be unemployed. The manner in which this data was collected was also suspect. At the time, however, African America unemployment was said to have been double the national unemployment rate.
During the Great Depression, unemployment in the United States reached 25 percent. In some countries it reached 33 percent. The depression began in 1930.
The unemployment rate in the United States in 1932 was about 23. 6 percent. It was the height of the Great Depression.
it was a very bad rate of unemployment in the late 1800 because that was during the great depression
Well, in the great Depression the unemployment rate was 25% whilst today its about 8.5%. So I'd say theres a 16.5% difference.
the homeless rate during the great depression was nearly 25 percent of Americans.
Between 13 and 15 million, an unemployment rate of 25%
In 1932-1933(the great depression.)
The Great Depression was the result of the collapse of the US economy. Businesses closed, there were runs on banks and high unemployment was the new normality. At one point the unemployment rate was as high as 25%. There were food shortages as well.
It seems that unemployment rate averaged between 8 percent and 35 percent in 1933, the worst year of the Depression for unemployment. That is non-farm workers. And, you have to remember that establishing the rate was not as accurate as it is today. Lots of people during the Depression simply did not appear on the unemployment rate because there was no way of keeping track of who was looking for work or who had just given up and "rode the rails." There was not unemployment insurance back then. Also the farmers lost all of there crops and hoover cut taxes and gave more crops to the farmers.
The Great Depression also lead to the beginning of the industrialization process in Brazil, as the country needed an economic alternative do the highly devalued coffee, Brazil's main commodity at the time.
in America the unemployment rate reached nearly 25%at its peak.