Unemployment Rate During the New Deal
Percentage of Jobless Nonfarm Workers, 1926-1947
FDR's first New Deal
40%
35%
30%
25%
20%
15%
10%
5%
Stock market
crash
Supreme Court declares much
of New Deal unconstitutional
FDR "court packing" crisis; second New Deal
Germany invades Poland, WWII begins
U.S. creates "war economy"
U.S. enters WWII
End of WWII
0
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