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Showing posts with label WWII. Show all posts
Showing posts with label WWII. Show all posts

Wednesday, November 2, 2011

the great depression

and speaking of......the depression. During the worst years of the Depression (1933-1934) the overall jobless rate was 25% (1 out of 4 people) with another 25% taking wage cuts or working part time. The gross national product fell by almost 50%. It was not until 1941, when WWII was underway, that unemployment officially fell back below 10%. Provided by RandomHistory.com