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What was the unemployment rate during the Great Depression?

2 Answers

4 votes

Answer:

25.6%

Unemployment rate

Step-by-step explanation:

The rate peaked at 25.6% during the Great Depression, in May 1933, according to NBER data. This year, more than 23 million Americans were unemployed as of mid-April as the coronavirus pandemic caused broad shutdowns of economic activity, according to the Bureau of Labor Statistics.

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User Jason Pan
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3 votes

Answer:

25.6%

Step-by-step explanation:

The rate peaked at 25.6% during the Great Depression, in May 1933, according to NBER data. This year, more than 23 million Americans were unemployed as of mid-April as the coronavirus pandemic caused broad shutdowns of economic activity, according to the Bureau of Labor Statistics.

User Laurent Lequenne
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