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Basically calculating unemployment prior to 1940 was estimating and "guessing" based on what facts were at hand. There is no "official" unemployment rate until the 1940s, when unemployment rates began to be based on "after the fact" employment and unemployment rates. In 1940 the WPA began to publish statistics on people employed, people looking for work, and those doing something else, like giving up on looking for work.

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14y ago

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