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What was the unemployment rate during the Great Depression?

April 26, 2017depression Economics government great Other - Politics & Government politics rate social unemployment

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What was the unemployment rate during the Great Depression?

3 Answers

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Finally, there are significantly different methods of calculating employment and unemployment rates used by different countries and by international organzations, so it is often inappropriate to directly compare the published employment and unemployment numbers.

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it was around 25% i have been to a country where the unemployment rate is 50% right now Djibouti so everyone calm down its not that bad

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the passage of the smoot-hawley tariff act caused the unemployment rate to skyrocket to over 20%. raising taxes in any way, shape or form in this kind of environment is suicide.