If you use the same metrics we used as in the 30's, you are absolutely right.
The government has changed the stat methodologies and the unemployment rate reported now is an out in out lie. Even in the 30's we had these mini-rallies which gave the impression things were getting better. Government honesty is the one biggest difference.
catfish, SkyPilot was the one who wrote “US in Depression”. I was just responding.
And yes, there are plenty of fools, even here on FR, that still believe Govt Economic Data. There are unemployed who will never find a job except maybe selling second hand junk or a few side jobs. That spells a very “depressing” future for all.