Unemployment figures
1936
17.0
1937
14.3
1938
19.0
1939
17.2
1940
14.6
It should be noted that in 1936, Roosevelt who believed in a balance budget attempted to do just that...the result was a recession...unemployment jumped in 1937.
Year | Unemployment rate |
---|---|
1923-29 |
3.3 |
1930 |
8.9 |
1931 |
15.9 |
1932 |
23.6 |
1933 |
24.9 |
1934 |
21.7 |
1935 |
20.1 |
1936 |
17.0 |
1937 |
14.3 |
1938 |
19.0 |
1939 |
17.2 |
1940 |
14.6 |
1941 |
9.9 |
1942 |
4.7 |