Facts About The Great Depression That Aren’t As Dark And Gloomy As You’re Expecting
Those Percentages Are Not Great
Photo Credit: Fox Photos / Getty Images
The worst years of the Depression, regarding unemployment, were 1933-34. Close to 25% of the American population was unemployed. This picture shows thousands of men taking to the streets to either find work or get some scraps of food.
It’s also important to consider that another 25% of people had to take massive pay-cuts just to stay employed. The unemployment rate in the U.S didn’t fall below 10% again until WWII.