during the us great depression the unemployment rate peaked at 25 %.
during the us great depression the unemployment rate peaked at 25 %.
during the us great depression the unemployment rate peaked at?
25 %
although the recession ended in march 1975, the unemployment rate did not peak for several months. in may 1975, the rate reached its height for the cycle of 9 percent. (three cycles have had higher peaks than this: the late 2000s recession, where the unemployment rate peaked at 10 percent in october 2009 in the united states, the early 1980s recession where unemployment peaked at 10.8% in november and december 1982, and the great depression, where unemployment peaked at 25% in 1933.)









































section::::united kingdom.
1973–75 recession
a rough comparison of september 2014 (when the unemployment rate was 5.9%) versus october 2009 (when the unemployment rate peaked at 10.0%) helps illustrate the analytical challenge. the civilian population increased by roughly 10 million during that time, with the labor force increasing by about 2 million and those not in the labor force increasing by about 8 million. however, the 2 million increase in the labor force represents the net of an 8 million increase in those employed, partially offset by a 6 million decline in those unemployed. so is the primary cause of improvement in the unemployment rate due to: a) increased employment of 8 million; or b) the increase in those not in the workforce, also 8 million? did the 6 million fewer unemployed obtain jobs or leave the workforce?
unemployment in the united states